Palomar Insurance Corporation

$1,222,700 PPP Loan in Montgomery, Alabama

Loan Details

Loan Number
5531017010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,222,700
Current Approval
$1,222,700
Forgiveness Amount
$1,234,248
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palomar Insurance Corporation
Address
4525 Executive Park Dr
State
Alabama
ZIP Code
36116-1601
Business Type
Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
82
Estimated Revenue
$42.1M
Rural/Urban
Urban
Congressional District
AL-02

Loan Use Breakdown

Payroll
$917,025
Rent
$244,540
Utilities
$61,135

Lender Information

Servicing Lender
Servisfirst Bank
Originating Lender
Servisfirst Bank

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