# PPP loan: THE PALACE CORPORATION
> **$429K** approved 02/24/2021 · Paid in Full · Loan `3811228506`
## Borrower
- **Name:** THE PALACE CORPORATION
- **Address:** 410 Clark St, Jerome, AZ, 86331
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $432K (101%)
- **Forgiveness date:** 09/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $429K
- **Utilities:** $1
- **Jobs reported:** 47
## Lender
- **Originating:** Glacier Bank
- **Servicing:** Glacier Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*