PPP Loan information for Palmabak 3, inc

$121,762

Palmabak 3, inc was initially approved for PPP Loan of amount $121,762, the current approved amount is $121,762. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 40 jobs and $121,762 was used to fund payroll.

Palmabak 3, inc is New Business or 2 years or less

PPP Loan Search / NC / DURHAM / Palmabak 3, inc

PALMABAK 3, INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PALMABAK 3, INC

Borrower Address

703A 9TH ST

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27705-4802

Loan Status Date

06/13/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121762.00

Current Approval Amount

121762.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27705-4802

CD

NC-04

Jobs Reported

40

NAICS Code

999990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

121762.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

123173.10

Forgiveness Date

05/05/2023

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