# PPP loan: THE PALOMBO GROUP INC.
> **$251K** approved 05/01/2020 · Exemption 4 · Loan `2857577707`
## Borrower
- **Name:** THE PALOMBO GROUP INC.
- **Address:** 106 Little Market Street A, POUGHKEEPSIE, NY, 12601
- **NAICS:** 561110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $251K
- **Initial approval:** $251K
- **Status:** Exemption 4
- **Term:** 12 months
## Use of funds
- **Payroll:** $228K
- **Rent:** $6K
- **Utilities:** $2K
- **Health care:** $14K
- **Jobs reported:** 18
## 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*