PPP Loan information for Salem botanicals corporation

$80,615

Salem botanicals corporation was initially approved for PPP Loan of amount $80,615, the current approved amount is $80,615. The loan was approved on 04/28/2020 by The Fulton Bank, National Association reported 6 jobs and $80,615 was used to fund payroll.

Salem botanicals corporation is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Salem botanicals corporation

SALEM BOTANICALS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SALEM BOTANICALS CORPORATION

Borrower Address

1300 Helen Dr Apt 201

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

80615.00

Current Approval Amount

80615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

6

NAICS Code

811490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20462.00

Payroll Proceed

60153.00

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

81027.03

Forgiveness Date

11/02/2020

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