PPP Loan information for Salem associates inc.

$133,587

Salem associates inc. was initially approved for PPP Loan of amount $133,587, the current approved amount is $133,587. The loan was approved on 03/12/2021 by The Wells Fargo Bank, National Association reported 6 jobs and $133,587 was used to fund payroll.

Salem associates inc. is Existing or more than 2 years old

SALEM ASSOCIATES INC.

Date Approved

03/12/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

SALEM ASSOCIATES INC.

Borrower Address

11340 Lakefield Dr Ste 200

Borrower City

Johns Creek

Borrower State

GA

Borrower Zip

30097-2456

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

133587.00

Current Approval Amount

133587.00

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

Johns Creek

Project County Name

FULTON

Project State

GA

Project Zip

30097-2456

CD

GA-07

Jobs Reported

6

NAICS Code

541511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

133586.00

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

134491.00

Forgiveness Date

11/18/2021

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