PPP Loan information for Palmer brothers transit mix concrete

$515,100

Palmer brothers transit mix concrete was initially approved for PPP Loan of amount $515,100, the current approved amount is $515,100. The loan was approved on 04/03/2020 by The Sutton Bank reported 46 jobs and $515,100 was used to fund payroll.

Palmer brothers transit mix concrete is Existing or more than 2 years old

PALMER BROTHERS TRANSIT MIX CONCRETE

Date Approved

04/03/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

PALMER BROTHERS TRANSIT MIX CONCRETE

Borrower Address

12205 E. Gypsy Lane Road

Borrower City

BOWLING GREEN

Borrower State

OH

Borrower Zip

43402-9516

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

515100.00

Current Approval Amount

515100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53273

Servicing Lender Name

Sutton Bank

Servicing Lender Address

1 S Main St

Servicing Lender City

ATTICA

Servicing Lender State

OH

Servicing Lender Zip

44807-9803

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOWLING GREEN

Project County Name

WOOD

Project State

OH

Project Zip

43402-9516

CD

OH-05

Jobs Reported

46

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

420000.00

Mortgage Interest Proceed

20000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

15100

Business Type

Corporation

Originating Lender Location Id

53273

Originating Lender

Sutton Bank

Originating Lender City

ATTICA

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

517964.80

Forgiveness Date

11/03/2020

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