PPP Loan information for Salcoa contracting, inc.

$670,760

Salcoa contracting, inc. was initially approved for PPP Loan of amount $672,335, the current approved amount is $670,760. The loan was approved on 04/07/2020 by The Farmers & Merchants Bank reported 49 jobs and $670,760 was used to fund payroll.

Salcoa contracting, inc. is Existing or more than 2 years old

PPP Loan Search / NC / SALISBURY / Salcoa contracting, inc.

SALCOA CONTRACTING, INC.

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALCOA CONTRACTING, INC.

Borrower Address

601 HEDRICK ST

Borrower City

SALISBURY

Borrower State

NC

Borrower Zip

28144-3151

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672335.00

Current Approval Amount

670760.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50827

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

138 N Salisbury Ave

Servicing Lender City

GRANITE QUARRY

Servicing Lender State

NC

Servicing Lender Zip

28146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALISBURY

Project County Name

ROWAN

Project State

NC

Project Zip

28144-3151

CD

NC-08

Jobs Reported

49

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

670760.00

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

Subchapter S Corporation

Originating Lender Location Id

50827

Originating Lender

Farmers & Merchants Bank

Originating Lender City

GRANITE QUARRY

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

676983.16

Forgiveness Date

03/25/2021

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