Palman Electric INC

$2,080,000 PPP Loan in Huntingdon Valley, Pennsylvania

Loan Details

Loan Number
7017627110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,080,000
Current Approval
$2,080,000
Forgiveness Amount
$2,097,390
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palman Electric INC
Address
450 Pike Rd
ZIP Code
19006-1610
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
52
Estimated Revenue
$17.1M
Rural/Urban
Urban
Congressional District
PA-01

Loan Use Breakdown

Payroll
$2,080,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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