Palco Telecom Service, Inc.
$867,502 PPP Loan in Huntsville, Alabama
Loan Details
- Loan Number
- 2247977200
- Date Approved
- Apr 15, 2020
- Loan Status
- Exemption 4
- Initial Approval
- $867,502
- Current Approval
- $867,502
- Forgiveness Amount
- $757,901
- Forgiveness Date
- Aug 16, 2022
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Palco Telecom Service, Inc.
- Address
- 290 Dunlop Blvd Sw, Bldg 200
- City
- Huntsville
- State
- Alabama
- ZIP Code
- 35824
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541611)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 82
- Estimated Revenue
- $8.5M
- Rural/Urban
- Urban
- Congressional District
- AL-05
Loan Use Breakdown
- Payroll
- $650,627
- Rent
- $125,000
- Utilities
- $50,000
- Mortgage Interest
- $41,876
Lender Information
- Servicing Lender
- Pnc Bank, National Association
- Originating Lender
- First Source Federal Credit Union
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