Palace Foods INC
$157,300 PPP Loan in Reading, Pennsylvania
Loan Details
- Loan Number
- 9616487204
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $157,300
- Current Approval
- $157,300
- Forgiveness Amount
- $158,645
- Forgiveness Date
- Mar 10, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palace Foods INC
- Address
- 100 Cleveland Avenue
- City
- Reading
- State
- Pennsylvania
- ZIP Code
- 19605
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (311422)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- $7.1M
- Rural/Urban
- Urban
- Congressional District
- PA-04
Loan Use Breakdown
- Payroll
- $118,031
- Rent
- $28,000
- Utilities
- $9,125
- Debt Interest
- $2,144
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
Other PPP Loans in Reading, PA
| Business | Approved | |
|---|---|---|
| Empire Group of Reading PA INC | $10,000,000 |  AI Deep Dive |
| Brentwood Industries INC | $8,091,300 | AI Deep Dive |
| Sweet Street Desserts INC | $7,420,600 | AI Deep Dive |
| Supportive Concepts for Families Inc. | $7,111,120 | AI Deep Dive |
| Stevens & Lee, P.c. | $6,422,467 | AI Deep Dive |
Want to research this company further?