Albert Palancia Agency, Inc.

$221,220 PPP Loan in Mamaroneck, New York

Loan Details

Loan Number
8265727109
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$221,220
Current Approval
$221,220
Forgiveness Amount
$222,620
Forgiveness Date
Dec 9, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Albert Palancia Agency, Inc.
Address
116 Mamaroneck Ave
ZIP Code
10543
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
NY-16

Loan Use Breakdown

Payroll
$170,000
Rent
$10,200
Utilities
$2,500
Health Care
$38,000
Debt Interest
$520

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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