PPP Loan information for Palmer electric llc

$68,996

Palmer electric llc was initially approved for PPP Loan of amount $68,996, the current approved amount is $68,996. The loan was approved on 03/01/2021 by The FreedomBank reported 6 jobs and $68,996 was used to fund payroll.

Palmer electric llc is Existing or more than 2 years old

PPP Loan Search / IA / Monona / Palmer electric llc

PALMER ELECTRIC LLC

Date Approved

03/01/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

PALMER ELECTRIC LLC

Borrower Address

202 Oak St

Borrower City

Monona

Borrower State

IA

Borrower Zip

52159-7619

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

68995.57

Current Approval Amount

68995.57

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

IA

Servicing Lender Zip

52043-9078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Monona

Project County Name

CLAYTON

Project State

IA

Project Zip

52159-7619

CD

IA-02

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

68995.57

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

Limited Liability Company(LLC)

Originating Lender Location Id

24995

Originating Lender

FreedomBank

Originating Lender City

ELKADER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

69223.64

Forgiveness Date

07/02/2021

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