PPP Loan information for Salchar, inc

$108,578

Salchar, inc was initially approved for PPP Loan of amount $108,600, the current approved amount is $108,578. The loan was approved on 04/03/2020 by The VISIONBank reported 20 jobs and $108,578 was used to fund payroll.

Salchar, inc is Existing or more than 2 years old

SALCHAR, INC

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SALCHAR, INC

Borrower Address

3301 S University Dr

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-6289

Loan Status Date

02/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108600.00

Current Approval Amount

108578.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

427971

Servicing Lender Name

VISIONBank

Servicing Lender Address

3000 25th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58103-5046

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-6289

CD

ND-

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6500.00

Payroll Proceed

86978.00

Mortgage Interest Proceed

0.00

Rent Proceed

6500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

8600

Business Type

Subchapter S Corporation

Originating Lender Location Id

427971

Originating Lender

VISIONBank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109425.51

Forgiveness Date

01/20/2021

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