PPP Loan information for Palmer tire and service inc.

$37,000

Palmer tire and service inc. was initially approved for PPP Loan of amount $37,000, the current approved amount is $37,000. The loan was approved on 04/14/2020 by The Busey Bank reported 5 jobs and $37,000 was used to fund payroll.

Palmer tire and service inc. is Unanswered

PALMER TIRE AND SERVICE INC.

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

PALMER TIRE AND SERVICE INC.

Borrower Address

3091 N Water

Borrower City

DECATUR

Borrower State

IL

Borrower Zip

62526

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

37000.00

Current Approval Amount

37000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22749

Servicing Lender Name

Busey Bank

Servicing Lender Address

100 W University Ave

Servicing Lender City

CHAMPAIGN

Servicing Lender State

IL

Servicing Lender Zip

61820-3910

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

DECATUR

Project County Name

MACON

Project State

IL

Project Zip

62526-0800

CD

IL-13

Jobs Reported

5

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

27750.00

Mortgage Interest Proceed

0.00

Rent Proceed

9250.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22749

Originating Lender

Busey Bank

Originating Lender City

CHAMPAIGN

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37198.68

Forgiveness Date

11/05/2020

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