# PPP loan: PALACE FOOD, INC.
> **$338K** approved 04/14/2020 · Paid in Full · Loan `6444667100`
## Borrower
- **Name:** PALACE FOOD, INC.
- **Address:** 1110 MARKET ST, CHATTANOOGA, TN, 37402
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $342K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $338K
- **Jobs reported:** 47
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*