Dr Palermo and Associates, Ltd

$150,875 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
5890497005
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$150,875
Current Approval
$150,875
Forgiveness Amount
$152,256
Forgiveness Date
Mar 18, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Dr Palermo and Associates, Ltd
Address
18 South Evergreen
ZIP Code
60005
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621320)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$121,500
Rent
$17,200
Utilities
$4,175
Health Care
$8,000

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Stearns Bank National Association

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