# PPP loan: PALUMBO PROPERTIES, INC.
> **$341K** approved 04/05/2020 · Paid in Full · Loan `5391427001`
## Borrower
- **Name:** PALUMBO PROPERTIES, INC.
- **Address:** 828 LANE ALLEN RD STE 200, LEXINGTON, KY, 40504-3659
- **NAICS:** 531110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $341K
- **Initial approval:** $341K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $341K
- **Jobs reported:** 64
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*