PPP Loan information for Salem automation, inc

$179,200

Salem automation, inc was initially approved for PPP Loan of amount $179,200, the current approved amount is $179,200. The loan was approved on 05/06/2020 by The Truist Bank reported 8 jobs and $179,200 was used to fund payroll.

Salem automation, inc is Unanswered

PPP Loan Search / NC / WINSTON SALEM / Salem automation, inc

SALEM AUTOMATION, INC

Date Approved

05/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM AUTOMATION, INC

Borrower Address

1598 Westbrook Plaza Dr, STE 102

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

179200.00

Current Approval Amount

179200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-0031

CD

NC-05

Jobs Reported

8

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

179200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

180519.11

Forgiveness Date

02/02/2021

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