# PPP loan: PALACE VENDING, INC.
> **$382K** approved 04/08/2020 · Paid in Full · Loan `8206227003`
## Borrower
- **Name:** PALACE VENDING, INC.
- **Address:** 1820 N. Eastman Road, KINGSPORT, TN, 37664-2312
- **NAICS:** 454210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $382K
- **Initial approval:** $382K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $382K
- **Jobs reported:** 43
## Lender
- **Originating:** Bank of Tennessee
- **Servicing:** Bank of Tennessee (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*