Palmer Industrial Capital, INC

$83,200 PPP Loan in Elk River, Minnesota

Loan Details

Loan Number
3578737208
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$83,200
Current Approval
$83,200
Forgiveness Amount
$84,032
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palmer Industrial Capital, INC
Address
9944 Highway 10 NW
ZIP Code
55330
Business Type
Corporation
Industry (NAICS)
Manufacturing (337212)
Business Age
New Business or 2 years or less
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MN-06

Loan Use Breakdown

Payroll
$83,200

Lender Information

Servicing Lender
Midwestone Bank
Originating Lender
Midwestone Bank

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