PPP Loan information for First baptist church of salem

$333,835

First baptist church of salem was initially approved for PPP Loan of amount $333,835, the current approved amount is $333,835. The loan was approved on 04/30/2020 by The Bank of America, National Association reported 84 jobs and $333,835 was used to fund payroll.

First baptist church of salem is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / First baptist church of salem

FIRST BAPTIST CHURCH OF SALEM

Date Approved

04/30/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

FIRST BAPTIST CHURCH OF SALEM

Borrower Address

395 MARION ST NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301-3524

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

333835.00

Current Approval Amount

333835.00

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

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-3524

CD

OR-05

Jobs Reported

84

NAICS Code

813110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

333835.00

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

Non-Profit Organization

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

340100.12

Forgiveness Date

03/24/2022

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