Palisades Healthcare Partners INC

$2,002,500 PPP Loan in Washington, District of Columbia

Loan Details

Loan Number
9744097210
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,002,500
Current Approval
$2,002,500
Forgiveness Amount
$2,024,445
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palisades Healthcare Partners INC
Address
1822 Jefferson Place Northwest
ZIP Code
20036
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621610)
Business Age
Existing or more than 2 years old
Jobs Reported
312
Estimated Revenue
$53.4M
Rural/Urban
Urban
Congressional District
DC-

Loan Use Breakdown

Payroll
$1,958,987
Rent
$33,750
Utilities
$461
Health Care
$7,500
Debt Interest
$1,802

Lender Information

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

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