Palmer Distributors Inc.
$520,700 PPP Loan in Fraser, Michigan
Loan Details
- Loan Number
- 7886088308
- Date Approved
- Jan 28, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $520,700
- Current Approval
- $520,700
- Forgiveness Amount
- $523,795
- Forgiveness Date
- Sep 7, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Palmer Distributors Inc.
- Address
- 33525 Groesbeck Hwy
- City
- Fraser
- State
- Michigan
- ZIP Code
- 48026-4205
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (337215)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 42
- Estimated Revenue
- $11.0M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $520,698
- Utilities
- $1
Lender Information
- Servicing Lender
- Comerica Bank
- Originating Lender
- Comerica Bank
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| C.b.s Boring and Machine Company Inc. | $1,851,300 | |
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