PPP Loan information for The palms restaurant ltd

$60,100

The palms restaurant ltd was initially approved for PPP Loan of amount $60,100, the current approved amount is $60,100. The loan was approved on 06/24/2020 by The Berkshire Bank reported 18 jobs and $60,100 was used to fund payroll.

The palms restaurant ltd is Unanswered

THE PALMS RESTAURANT LTD

Date Approved

06/24/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

THE PALMS RESTAURANT LTD

Borrower Address

36 STRONGS AVE

Borrower City

RUTLAND

Borrower State

VT

Borrower Zip

05701-5016

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60100.00

Current Approval Amount

60100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

RUTLAND

Project County Name

RUTLAND

Project State

VT

Project Zip

05701-5016

CD

VT-

Jobs Reported

18

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60100.00

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

Corporation

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

60536.34

Forgiveness Date

03/25/2021

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