Palmen Motors, Inc.
$1,611,681 PPP Loan in Kenosha, Wisconsin
Loan Details
- Loan Number
- 9958237003
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,611,681
- Current Approval
- $1,611,681
- Forgiveness Amount
- $1,628,704
- Forgiveness Date
- May 4, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Palmen Motors, Inc.
- Address
- 5431 75th Street 0.0
- City
- Kenosha
- State
- Wisconsin
- ZIP Code
- 53142-3601
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 101
- Estimated Revenue
- $25.5M
- Rural/Urban
- Urban
- Congressional District
- WI-01
Loan Use Breakdown
- Payroll
- $1,289,345
- Rent
- $60,000
- Utilities
- $14,335
- Health Care
- $128,001
- Mortgage Interest
- $60,000
- Debt Interest
- $60,000
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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|---|---|---|
| Martin Petersen Company, Inc. | $6,294,900 |  Research |
| Riley Construction Co., Inc. | $5,010,100 | Research |
| Professional Services Group, Inc. | $3,309,500 | Research |
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