# PPP loan: PALMERS TRANSPORTATION INC
> **$514K** approved 06/04/2020 · Exemption 4 · Loan `7826837800`
## Borrower
- **Name:** PALMERS TRANSPORTATION INC
- **Address:** 2126 MADISON SQ BLVD, LAVERGNE, TN, 37086
- **NAICS:** 484121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $514K
- **Initial approval:** $514K
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $514K
- **Jobs reported:** 27
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Lendistry-Federal Reserve Contract (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*