PPP Loan information for Salem hospitality llc

$402,619

Salem hospitality llc was initially approved for PPP Loan of amount $402,619, the current approved amount is $402,619. The loan was approved on 02/05/2021 by The ACNB Bank reported 24 jobs and $402,619 was used to fund payroll.

Salem hospitality llc is Existing or more than 2 years old

PPP Loan Search / MD / Frederick / Salem hospitality llc

SALEM HOSPITALITY LLC

Date Approved

02/05/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

SALEM HOSPITALITY LLC

Borrower Address

49 S Market St

Borrower City

Frederick

Borrower State

MD

Borrower Zip

21701-5524

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

402619.00

Current Approval Amount

402619.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60227

Servicing Lender Name

ACNB Bank

Servicing Lender Address

16 Lincoln Sq

Servicing Lender City

GETTYSBURG

Servicing Lender State

PA

Servicing Lender Zip

17325-2205

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frederick

Project County Name

FREDERICK

Project State

MD

Project Zip

21701-5524

CD

MD-06

Jobs Reported

24

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

402616.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

60227

Originating Lender

ACNB Bank

Originating Lender City

GETTYSBURG

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

407562.27

Forgiveness Date

05/05/2022

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