PPP Loan information for Palcan, inc.

$249,907

Palcan, inc. was initially approved for PPP Loan of amount $249,907, the current approved amount is $249,907. The loan was approved on 04/15/2020 by The Spencer Savings Bank, SLA reported 43 jobs and $249,907 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

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

PALCAN, INC.

Borrower Address

160 Prospect Avenue

Borrower City

Hackensack

Borrower State

NJ

Borrower Zip

07601

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

249907.00

Current Approval Amount

249907.00

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

07601-0610

CD

NJ-05

Jobs Reported

43

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

249907.00

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

253454.29

Forgiveness Date

09/15/2021

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