# PPP loan: PALMER HOLLAND, INC
> **$3.18M** approved 04/10/2020 · Paid in Full · Loan `1314317110`
## Borrower
- **Name:** PALMER HOLLAND, INC
- **Address:** 25000 Country Club Blvd. 0.0, North Olmsted, OH, 44070-5331
- **NAICS:** 423990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $3.22M (101%)
- **Forgiveness date:** 08/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.53M
- **Rent:** $125K
- **Health care:** $520K
- **Jobs reported:** 135
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*