PPP Loan information for Party palace liquor inc

$20,000

Party palace liquor inc was initially approved for PPP Loan of amount $20,000, the current approved amount is $20,000. The loan was approved on 05/20/2020 by The Loan Source Incorporated reported 2 jobs and $20,000 was used to fund payroll.

Party palace liquor inc is Existing or more than 2 years old

PPP Loan Search / MI / Shelby TWP / Party palace liquor inc

PARTY PALACE LIQUOR INC

Date Approved

05/20/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

PARTY PALACE LIQUOR INC

Borrower Address

49133 Schoenherr Rd

Borrower City

Shelby TWP

Borrower State

MI

Borrower Zip

48315

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

20000.00

Current Approval Amount

20000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby TWP

Project County Name

MACOMB

Project State

MI

Project Zip

48315-0899

CD

MI-10

Jobs Reported

2

NAICS Code

445310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

20000.00

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

Subchapter S Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20260.27

Forgiveness Date

09/15/2021

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