PPP Loan information for Salem hotel group llc

$51,000

Salem hotel group llc was initially approved for PPP Loan of amount $51,000, the current approved amount is $51,000. The loan was approved on 04/15/2020 by The First Savings Bank reported 14 jobs and $51,000 was used to fund payroll.

Salem hotel group llc is Existing or more than 2 years old

SALEM HOTEL GROUP LLC

Date Approved

04/15/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SALEM HOTEL GROUP LLC

Borrower Address

980 AMERICAN DR

Borrower City

NEENAH

Borrower State

WI

Borrower Zip

54956-1363

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

51000.00

Current Approval Amount

51000.00

Undisbursed Amount

0.00

Franchise Name

Cobblestone Inn & Suites

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEENAH

Project County Name

WINNEBAGO

Project State

WI

Project Zip

54956-1363

CD

WI-06

Jobs Reported

14

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

38250.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

12750

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

51505.75

Forgiveness Date

04/28/2021

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