Palmer and Company

$2,037,900 PPP Loan in Sioux City, Iowa

Loan Details

Loan Number
1963357100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$2,037,900
Current Approval
$2,037,900
Forgiveness Amount
$2,061,350
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palmer and Company
Address
P.o. 326
State
Iowa
ZIP Code
51102-0326
Business Type
Corporation
Industry (NAICS)
Manufacturing (311352)
Business Age
Existing or more than 2 years old
Jobs Reported
211
Estimated Revenue
$74.5M
Rural/Urban
Urban
Congressional District
IA-04

Loan Use Breakdown

Payroll
$1,900,000
Utilities
$30,000
Health Care
$107,900

Lender Information

Servicing Lender
The Security National Bank of Sioux City, Iowa
Originating Lender
The Security National Bank of Sioux City, Iowa

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