Palace Bar LLC

$469,000 PPP Loan in Miami Beach, Florida

Loan Details

Loan Number
8171727206
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$469,000
Current Approval
$469,000
Forgiveness Amount
$472,726
Forgiveness Date
Feb 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palace Bar LLC
Address
1052 Ocean Dr
State
Florida
ZIP Code
33139-5014
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$6.1M
Rural/Urban
Urban
Congressional District
FL-24

Loan Use Breakdown

Payroll
$351,750
Rent
$117,250

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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