PPP Loan information for Palmer tool, llc

$703,042

Palmer tool, llc was initially approved for PPP Loan of amount $703,043, the current approved amount is $703,042. The loan was approved on 04/29/2020 by The Pinnacle Bank reported 62 jobs and $703,042 was used to fund payroll.

Palmer tool, llc is Existing or more than 2 years old

PALMER TOOL, LLC

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PALMER TOOL, LLC

Borrower Address

3385 HIGHWAY 70

Borrower City

CAMDEN

Borrower State

TN

Borrower Zip

38320

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

703042.50

Current Approval Amount

703042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CAMDEN

Project County Name

BENTON

Project State

TN

Project Zip

38320-0001

CD

TN-07

Jobs Reported

62

NAICS Code

332811

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

703042.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

707915.14

Forgiveness Date

01/13/2021

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