PPP Loan information for The palms restaurant ltd

$84,150

The palms restaurant ltd was initially approved for PPP Loan of amount $84,150, the current approved amount is $84,150. The loan was approved on 02/05/2021 by The Loan Source Incorporated reported 11 jobs and $84,150 was used to fund payroll.

The palms restaurant ltd is Existing or more than 2 years old

PPP Loan Search / VT / Rutland / The palms restaurant ltd

THE PALMS RESTAURANT LTD

Date Approved

02/05/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

THE PALMS RESTAURANT LTD

Borrower Address

36 Strongs Ave

Borrower City

Rutland

Borrower State

VT

Borrower Zip

05701-5016

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

84150.00

Current Approval Amount

84150.00

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

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rutland

Project County Name

RUTLAND

Project State

VT

Project Zip

05701-5016

CD

VT-

Jobs Reported

11

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

84146.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

84747.12

Forgiveness Date

11/03/2021

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