Palen Music Center, Inc.

$891,000 PPP Loan in Springfield, Missouri

Loan Details

Loan Number
5185757005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$891,000
Current Approval
$891,000
Forgiveness Amount
$896,024
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Palen Music Center, Inc.
Address
1560 E Raynell Pl
ZIP Code
65804-6441
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (451140)
Business Age
Existing or more than 2 years old
Jobs Reported
147
Estimated Revenue
$34.6M
Rural/Urban
Urban
Congressional District
MO-07

Loan Use Breakdown

Payroll
$891,000

Lender Information

Servicing Lender
Guaranty Bank
Originating Lender
Guaranty Bank

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