PPP Loan information for Salem associates inc

$128,352

Salem associates inc was initially approved for PPP Loan of amount $128,352, the current approved amount is $128,352. The loan was approved on 05/07/2020 by The Wells Fargo Bank, National Association reported 7 jobs and $128,352 was used to fund payroll.

Salem associates inc is Existing or more than 2 years old

PPP Loan Search / GA / ALPHARETTA / Salem associates inc

SALEM ASSOCIATES INC

Date Approved

05/07/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SALEM ASSOCIATES INC

Borrower Address

6495 SHILOH RD STE 220

Borrower City

ALPHARETTA

Borrower State

GA

Borrower Zip

30005

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

128352.00

Current Approval Amount

128352.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALPHARETTA

Project County Name

FULTON

Project State

GA

Project Zip

30005-0001

CD

GA-06

Jobs Reported

7

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

128352.00

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

Corporation

Originating Lender Location Id

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129487.83

Forgiveness Date

04/08/2021

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