# PPP loan: PALMCO ADMINISTRATION LLC
> **$1.09M** approved 02/19/2021 · Paid in Full · Loan `1605598501`
## Borrower
- **Name:** PALMCO ADMINISTRATION LLC
- **Address:** 8751 18th Ave, Brooklyn, NY, 11214-4605
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.09M
- **Initial approval:** $1.09M
- **Forgiven:** $1.10M (100%)
- **Forgiveness date:** 08/16/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.09M
- **Jobs reported:** 72
## Lender
- **Originating:** Axos Bank
- **Servicing:** Axos Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*