# PPP loan: PALACE LAW OFFICES A PROFESSIONAL SERVICE CORPORATION
> **$281K** approved 04/30/2020 · Paid in Full · Loan `5055857307`
## Borrower
- **Name:** PALACE LAW OFFICES A PROFESSIONAL SERVICE CORPORATION
- **Address:** PO BOX 1193, TACOMA, WA, 98401-1193
- **NAICS:** 541110
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Jobs reported:** 17
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*