Palko Distributing
$603,500 PPP Loan in Michigan City, Indiana
Loan Details
- Loan Number
- 8677927008
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $603,500
- Current Approval
- $603,500
- Forgiveness Amount
- $607,037
- Forgiveness Date
- Nov 12, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palko Distributing
- Address
- 4991 W US Highway 20
- City
- Michigan City
- State
- Indiana
- ZIP Code
- 46360
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424490)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 72
- Estimated Revenue
- $18.5M
- Rural/Urban
- Rural
- Congressional District
- IN-01
Loan Use Breakdown
- Payroll
- $603,500
Lender Information
- Servicing Lender
- 1st Source Bank
- Originating Lender
- 1st Source Bank
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