Palo Foods, Inc.

$116,000 PPP Loan in Sheboygan Falls, Wisconsin

Loan Details

Loan Number
6894787000
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$116,000
Current Approval
$116,000
Forgiveness Amount
$116,709
Forgiveness Date
Nov 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Palo Foods, Inc.
Address
955 Willow Drive
ZIP Code
53085-3006
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (311919)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-06

Loan Use Breakdown

Payroll
$111,000
Rent
$4,000
Utilities
$1,000

Lender Information

Servicing Lender
Hiawatha National Bank
Originating Lender
Hiawatha National Bank

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