PPP Loan information for Old saltys inc

$54,961

Old saltys inc was initially approved for PPP Loan of amount $54,961, the current approved amount is $54,961. The loan was approved on 02/23/2021 by The Summit Community Bank, Inc. reported 14 jobs and $54,961 was used to fund payroll.

Old saltys inc is Existing or more than 2 years old

OLD SALTYS INC

Date Approved

02/23/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OLD SALTYS INC

Borrower Address

2560 Hoopers Island Rd

Borrower City

Fishing Creek

Borrower State

MD

Borrower Zip

21634-1504

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54960.50

Current Approval Amount

54960.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fishing Creek

Project County Name

DORCHESTER

Project State

MD

Project Zip

21634-1504

CD

MD-01

Jobs Reported

14

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54958.50

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55128.43

Forgiveness Date

06/15/2021

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