Palatec Mfg. INC

$218,818 PPP Loan in Fayetteville, Tennessee

Loan Details

Loan Number
5216878300
Date Approved
Jan 25, 2021
Loan Status
Paid in Full
Initial Approval
$218,818
Current Approval
$218,818
Forgiveness Amount
$219,906
Forgiveness Date
Jul 27, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Palatec Mfg. INC
Address
2998 Huntsville Hwy
ZIP Code
37334-6692
Business Type
Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$25.8M
Rural/Urban
Rural
Congressional District
TN-04

Loan Use Breakdown

Payroll
$218,812
Utilities
$1

Lender Information

Servicing Lender
Bank of Lincoln County
Originating Lender
Bank of Lincoln County

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