Palmer Bus Service of Shakopee, Inc.

$558,200 PPP Loan in North Mankato, Minnesota

Loan Details

Loan Number
5724497010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$558,200
Current Approval
$558,200
Forgiveness Amount
$563,069
Forgiveness Date
Feb 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palmer Bus Service of Shakopee, Inc.
Address
2200 Carlson Dr
ZIP Code
56003-2213
Business Type
Corporation
Industry (NAICS)
Transportation and Warehousing (485410)
Business Age
Existing or more than 2 years old
Jobs Reported
62
Estimated Revenue
$23.8M
Rural/Urban
Urban
Congressional District
MN-01

Loan Use Breakdown

Payroll
$446,560
Utilities
$55,820
Mortgage Interest
$55,820

Lender Information

Servicing Lender
Community Bank Mankato
Originating Lender
Community Bank Mankato

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