PPP Loan information for Salem foods, inc

$31,356

Salem foods, inc was initially approved for PPP Loan of amount $31,356, the current approved amount is $31,356. The loan was approved on 04/14/2020 by The Farmers Bank & Trust Company reported 15 jobs and $31,356 was used to fund payroll.

Salem foods, inc is Existing or more than 2 years old

PPP Loan Search / KY / SALEM / Salem foods, inc

SALEM FOODS, INC

Date Approved

04/14/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

SALEM FOODS, INC

Borrower Address

425 E Main St PO BOX 378

Borrower City

SALEM

Borrower State

KY

Borrower Zip

42078-0378

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31355.72

Current Approval Amount

31355.72

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27590

Servicing Lender Name

Farmers Bank & Trust Company

Servicing Lender Address

201 S Main St

Servicing Lender City

MARION

Servicing Lender State

KY

Servicing Lender Zip

42064-1542

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

LIVINGSTON

Project State

KY

Project Zip

42078-0378

CD

KY-01

Jobs Reported

15

NAICS Code

445110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7838.93

Payroll Proceed

23516.79

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

27590

Originating Lender

Farmers Bank & Trust Company

Originating Lender City

MARION

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

31557.60

Forgiveness Date

12/09/2020

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