PPP Loan information for Salem hardwood lumber co inc

$460,200

Salem hardwood lumber co inc was initially approved for PPP Loan of amount $460,200, the current approved amount is $460,200. The loan was approved on 04/14/2020 by The Waterford Bank, National Association reported 43 jobs and $460,200 was used to fund payroll.

Salem hardwood lumber co inc is Existing or more than 2 years old

PPP Loan Search / IN / NEW SALISBURY / Salem hardwood lumber co inc

SALEM HARDWOOD LUMBER CO INC

Date Approved

04/14/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SALEM HARDWOOD LUMBER CO INC

Borrower Address

1900 HIGHWAY 64 East

Borrower City

NEW SALISBURY

Borrower State

IN

Borrower Zip

47161-9610

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

460200.00

Current Approval Amount

460200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEW SALISBURY

Project County Name

HARRISON

Project State

IN

Project Zip

47161-9610

CD

IN-09

Jobs Reported

43

NAICS Code

321212

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55200.00

Payroll Proceed

390000.00

Mortgage Interest Proceed

15000.00

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

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

464865.92

Forgiveness Date

04/23/2021

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