PPP Loan information for Palmer brothers painting contractors, inc.

$804,665

Palmer brothers painting contractors, inc. was initially approved for PPP Loan of amount $804,665, the current approved amount is $804,665. The loan was approved on 04/06/2020 by The Sandy Spring Bank reported 59 jobs and $804,665 was used to fund payroll.

Palmer brothers painting contractors, inc. is Existing or more than 2 years old

PPP Loan Search / MD / SILVER SPRING / Palmer brothers painting contractors, inc.

PALMER BROTHERS PAINTING CONTRACTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

PALMER BROTHERS PAINTING CONTRACTORS, INC.

Borrower Address

8121 A Piney Branch Road

Borrower City

SILVER SPRING

Borrower State

MD

Borrower Zip

20910-4604

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

804665.00

Current Approval Amount

804665.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SILVER SPRING

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20910-4604

CD

MD-08

Jobs Reported

59

NAICS Code

238320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9085.00

Payroll Proceed

711128.00

Mortgage Interest Proceed

0.00

Rent Proceed

33363.00

Refinance EIDL Proceed

0.00

Health Care Proceed

51089.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

815731.90

Forgiveness Date

09/02/2021

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