PPP Loan information for Salem donut corporation

$58,600

Salem donut corporation was initially approved for PPP Loan of amount $31,000, the current approved amount is $58,600. The loan was approved on 05/07/2020 by The Bank of Oak Ridge reported 25 jobs and $58,600 was used to fund payroll.

Salem donut corporation is New Business or 2 years or less

PPP Loan Search / NC / Stokesdale / Salem donut corporation

SALEM DONUT CORPORATION

Date Approved

05/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM DONUT CORPORATION

Borrower Address

7903 Carra Way

Borrower City

Stokesdale

Borrower State

NC

Borrower Zip

27357

Loan Status Date

09/22/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31000.00

Current Approval Amount

58600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Stokesdale

Project County Name

GUILFORD

Project State

NC

Project Zip

27357-0001

CD

NC-06

Jobs Reported

25

NAICS Code

722515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58600.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

59080.19

Forgiveness Date

03/03/2021

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