PPP Loan information for Palazzo brothers electric inc

$645,400

Palazzo brothers electric inc was initially approved for PPP Loan of amount $645,400, the current approved amount is $645,400. The loan was approved on 05/01/2020 by The The Huntington National Bank reported 44 jobs and $645,400 was used to fund payroll.

Palazzo brothers electric inc is Existing or more than 2 years old

PALAZZO BROTHERS ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PALAZZO BROTHERS ELECTRIC INC

Borrower Address

2811 State Route 18

Borrower City

Norwalk

Borrower State

OH

Borrower Zip

44857

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

645400.00

Current Approval Amount

645400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norwalk

Project County Name

HURON

Project State

OH

Project Zip

44857-0001

CD

OH-05

Jobs Reported

44

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

645400.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

650244.92

Forgiveness Date

02/04/2021

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