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
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

Other PPP Loans in Fraser, MI

BusinessApproved
Bmt Aerospace Usa, INC$3,403,000NewBizBotResearch
Healthmark Industries Co., Inc.$2,769,400NewBizBotResearch
Bmt Aeropace USA Inc.$2,000,000NewBizBotResearch
C.b.s Boring and Machine Company Inc.$1,851,300NewBizBotResearch
C.b.s Boring and Machine Company, Inc.$1,851,300NewBizBotResearch

Want to research this company further?

Try NewBizBot free