Palma Tool & Die Company, INC

$538,200 PPP Loan in Lancaster, New York

Loan Details

Loan Number
5544257109
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$538,200
Current Approval
$538,200
Forgiveness Amount
$541,827
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Palma Tool & Die Company, INC
Address
40 Ward Rd
ZIP Code
14086-9779
Business Type
Corporation
Industry (NAICS)
Manufacturing (333514)
Business Age
Existing or more than 2 years old
Jobs Reported
44
Estimated Revenue
$11.5M
Rural/Urban
Urban
Congressional District
NY-23

Loan Use Breakdown

Payroll
$403,650
Rent
$67,275
Utilities
$67,275

Lender Information

Servicing Lender
Evans Bank, National Association
Originating Lender
Evans Bank, National Association

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