# PPP loan: PALACE THEATER GROUP INC
> **$350K** approved 04/15/2020 · Paid in Full · Loan `1129527210`
## Borrower
- **Name:** PALACE THEATER GROUP INC
- **Address:** 100 E MAIN ST, WATERBURY, CT, 06702-2312
- **NAICS:** 711110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $353K (101%)
- **Forgiveness date:** 02/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 156
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*