# PPP loan: PALMER & CO PA
> **$153K** approved 04/14/2020 · Paid in Full · Loan `5915577100`
## Borrower
- **Name:** PALMER & CO PA
- **Address:** 701 OSUNA RD NE STE 100, ALBUQUERQUE, NM, 87113
- **NAICS:** 541211
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Rent:** $5K
- **Utilities:** $5K
- **Jobs reported:** 12
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*