PPP Loan information for Palco telecom service, inc.

$867,502

Palco telecom service, inc. was initially approved for PPP Loan of amount $867,502, the current approved amount is $867,502. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 82 jobs and $867,502 was used to fund payroll.

Palco telecom service, inc. is Existing or more than 2 years old

PPP Loan Search / AL / HUNTSVILLE / Palco telecom service, inc.

PALCO TELECOM SERVICE, INC.

Date Approved

04/15/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

PALCO TELECOM SERVICE, INC.

Borrower Address

290 Dunlop Blvd SW, Bldg 200

Borrower City

HUNTSVILLE

Borrower State

AL

Borrower Zip

35824

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

867502.00

Current Approval Amount

867502.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUNTSVILLE

Project County Name

MADISON

Project State

AL

Project Zip

35824-0099

CD

AL-05

Jobs Reported

82

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

50000.00

Payroll Proceed

650626.50

Mortgage Interest Proceed

41875.50

Rent Proceed

125000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

102000

Originating Lender

First Source FCU

Originating Lender City

NEW HARTFORD

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

757900.63

Forgiveness Date

08/16/2022

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