PPP Loan information for Palace restaurant llc

$25,000

Palace restaurant llc was initially approved for PPP Loan of amount $25,000, the current approved amount is $25,000. The loan was approved on 04/10/2020 by The First National Bank of Pennsylvania reported 15 jobs and $25,000 was used to fund payroll.

Palace restaurant llc is Existing or more than 2 years old

PALACE RESTAURANT LLC

Date Approved

04/10/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

PALACE RESTAURANT LLC

Borrower Address

1000LANCASTERAVE.

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28112

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25000.00

Current Approval Amount

25000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28112-0001

CD

NC-08

Jobs Reported

15

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

25000.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25162.50

Forgiveness Date

12/15/2020

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