Palmer Distributors, Inc.
$592,900 PPP Loan in Fraser, Michigan
Loan Details
- Loan Number
- 2826727309
- Date Approved
- Apr 29, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $592,900
- Current Approval
- $592,900
- Forgiveness Amount
- $597,396
- Forgiveness Date
- Feb 2, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palmer Distributors, Inc.
- Address
- 33525 Groesbeck Hwy
- City
- Fraser
- State
- Michigan
- ZIP Code
- 48026-4205
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (337215)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 43
- Estimated Revenue
- $11.3M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $474,328
- Mortgage Interest
- $118,572
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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