Date Approved
04/10/2020
SBA Office Code
0736
Processing Method
PPP
Borrower Name
PALMER ELECTRIC, LLC
Borrower Address
202 OAK STREET PO BOX 615
Borrower City
MONONA
Borrower State
IA
Borrower Zip
52159-0615
Loan Status Date
12/04/2020
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
66490.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24995
Servicing Lender Name
FreedomBank
Servicing Lender Address
210 S Main St
Servicing Lender City
ELKADER
Servicing Lender State
Servicing Lender Zip
52043-9078
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CLAYTON
Project State
Project Zip
52159-0001
CD
IA-02
Jobs Reported
6
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non Profit
Forgiveness Amount
66852.00
Forgiveness Date
11/02/2020