PPP Loan information for Salem academy

$784,300

Salem academy was initially approved for PPP Loan of amount $784,300, the current approved amount is $784,300. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 127 jobs and $784,300 was used to fund payroll.

Salem academy is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / Salem academy

SALEM ACADEMY

Date Approved

05/01/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SALEM ACADEMY

Borrower Address

942 LANCASTER DR NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

784300.00

Current Approval Amount

784300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

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

97301-0001

CD

OR-05

Jobs Reported

127

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

784300.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

789049.37

Forgiveness Date

12/10/2020

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