Palm Bay International, INC

$5,812,500 PPP Loan in Port Washington, New York

Loan Details

Loan Number
9809277000
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$5,812,500
Current Approval
$5,812,500
Forgiveness Amount
$5,879,906
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Palm Bay International, INC
Address
48 Harbor Park Drive 0.0
ZIP Code
11050-4653
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (424820)
Business Age
Existing or more than 2 years old
Jobs Reported
279
Estimated Revenue
$71.8M
Rural/Urban
Urban
Congressional District
NY-03

Loan Use Breakdown

Payroll
$4,787,500
Rent
$230,000
Utilities
$25,000
Health Care
$400,000
Debt Interest
$370,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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