PPP Loan information for Palcan inc

$212,656

Palcan inc was initially approved for PPP Loan of amount $212,656, the current approved amount is $212,656. The loan was approved on 01/23/2021 by The Spencer Savings Bank, SLA reported 30 jobs and $212,656 was used to fund payroll.

Palcan inc is Existing or more than 2 years old

PPP Loan Search / NJ / Hackensack / Palcan inc

PALCAN INC

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

PALCAN INC

Borrower Address

160 Prospect Ave

Borrower City

Hackensack

Borrower State

NJ

Borrower Zip

07601-1856

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

212656.00

Current Approval Amount

212656.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

85804

Servicing Lender Name

Spencer Savings Bank, SLA

Servicing Lender Address

611 River Dr

Servicing Lender City

ELMWOOD PARK

Servicing Lender State

NJ

Servicing Lender Zip

07407-1325

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hackensack

Project County Name

BERGEN

Project State

NJ

Project Zip

07601-1856

CD

NJ-05

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

212651.00

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

Corporation

Originating Lender Location Id

85804

Originating Lender

Spencer Savings Bank, SLA

Originating Lender City

ELMWOOD PARK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

214450.47

Forgiveness Date

12/06/2021

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