PALACIO JEWELERS LLC (VI) - 2020 PPP Loan Borrower Profile (# 6288718607)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to PALACIO JEWELERS LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in US Virgin Islands.

Loan Detail

Loan Number

6288718607

SBA Office Code

0252

Processing Method

PPS

Curent Loan Amount

$27,067

Date Loan was Approved

Mar 23, 2021

Amount Forgiven

$27,255.72

Date Loan was Forgiven

Dec 2, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

27,066

Lender

FirstBank Puerto Rico

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

448310

Borrower Location

St Thomas, VI

Project Location

St Thomas, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.