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Palma Enterprises, INC

$24,800 PPP Loan in Webster, Minnesota

Loan Details

Loan Number
9599127209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$24,800
Current Approval
$24,800
Forgiveness Amount
$25,024
Forgiveness Date
Apr 1, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palma Enterprises, INC
Address
3675 Jackson Ave
City
Webster
State
Minnesota
ZIP Code
55088
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453998)
Business Age
Existing or more than 2 years old
Jobs Reported
4
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$18,600
Utilities
$2,480
Mortgage Interest
$3,720

Lender Information

Servicing Lender
Frandsen Bank & Trust
Originating Lender
Frandsen Bank & Trust

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