PPP Loan information for The palace corporation

$324,600

The palace corporation was initially approved for PPP Loan of amount $324,600, the current approved amount is $324,600. The loan was approved on 04/15/2020 by The Glacier Bank reported 45 jobs and $324,600 was used to fund payroll.

The palace corporation is Existing or more than 2 years old

THE PALACE CORPORATION

Date Approved

04/15/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

THE PALACE CORPORATION

Borrower Address

410 Clark St

Borrower City

JEROME

Borrower State

AZ

Borrower Zip

86331-0001

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

324600.00

Current Approval Amount

324600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87893

Servicing Lender Name

Glacier Bank

Servicing Lender Address

202 Main St

Servicing Lender City

KALISPELL

Servicing Lender State

MT

Servicing Lender Zip

59901-4454

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEROME

Project County Name

YAVAPAI

Project State

AZ

Project Zip

86331-0001

CD

AZ-02

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

324600.00

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

87893

Originating Lender

Glacier Bank

Originating Lender City

KALISPELL

Originating Lender State

MT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

326956.68

Forgiveness Date

01/15/2021

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