PPP Loan information for Al's trailer sales of salem inc

$454,532

Al's trailer sales of salem inc was initially approved for PPP Loan of amount $454,532, the current approved amount is $454,532. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 70 jobs and $454,532 was used to fund payroll.

Al's trailer sales of salem inc is New Business or 2 years or less

PPP Loan Search / OR / SALEM / Al's trailer sales of salem inc

AL'S TRAILER SALES OF SALEM INC

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

AL'S TRAILER SALES OF SALEM INC

Borrower Address

4843 PORTLAND RD NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97305-1766

Loan Status Date

10/19/2022

Loan Status

Charged Off

Term

10

SBA Guaranty Percentage

100

Initial Approval Amount

454532.00

Current Approval Amount

454532.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97305-1766

CD

OR-05

Jobs Reported

70

NAICS Code

441210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

454532.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;