PPP Loan information for Palm river electric, inc.

$179,700

Palm river electric, inc. was initially approved for PPP Loan of amount $250,000, the current approved amount is $179,700. The loan was approved on 04/10/2020 by The BayFirst National Bank reported 14 jobs and $179,700 was used to fund payroll.

Palm river electric, inc. is Existing or more than 2 years old

PALM RIVER ELECTRIC, INC.

Date Approved

04/10/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

PALM RIVER ELECTRIC, INC.

Borrower Address

2223 SARASOTA CENTER BLVD

Borrower City

SARASOTA

Borrower State

FL

Borrower Zip

34240-7811

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

179700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123499

Servicing Lender Name

BayFirst National Bank

Servicing Lender Address

700 Central Avenue

Servicing Lender City

Saint Petersburg

Servicing Lender State

FL

Servicing Lender Zip

33701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SARASOTA

Project County Name

SARASOTA

Project State

FL

Project Zip

34240-7811

CD

FL-17

Jobs Reported

14

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179700.00

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

123499

Originating Lender

BayFirst National Bank

Originating Lender City

Saint Petersburg

Originating Lender State

FL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

181639.78

Forgiveness Date

06/03/2021

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