Palumbo Services, Inc.

$52,792 PPP Loan in Forest Lake, Minnesota

Loan Details

Loan Number
6639137301
Date Approved
Apr 30, 2020
Loan Status
Paid in Full
Initial Approval
$52,792
Current Approval
$52,792
Forgiveness Amount
$53,139
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palumbo Services, Inc.
Address
9331 W Broadway Ave
ZIP Code
55025
Business Type
Subchapter S Corporation
Industry (NAICS)
Administrative and Support and Waste Management (561730)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-08

Loan Use Breakdown

Payroll
$39,595
Utilities
$5,279
Health Care
$2,639
Mortgage Interest
$5,279

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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