PPP Loan information for Salem hotel group llc

$55,505

Salem hotel group llc was initially approved for PPP Loan of amount $55,505, the current approved amount is $55,505. The loan was approved on 04/24/2021 by The First Savings Bank reported 12 jobs and $55,505 was used to fund payroll.

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

PPP Loan Search / IN / Salem / Salem hotel group llc

SALEM HOTEL GROUP LLC

Date Approved

04/24/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SALEM HOTEL GROUP LLC

Borrower Address

1015 E Hackberry St

Borrower City

Salem

Borrower State

IN

Borrower Zip

47167-9601

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

55505.00

Current Approval Amount

55505.00

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

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

WASHINGTON

Project State

IN

Project Zip

47167-9601

CD

IN-09

Jobs Reported

12

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

55503.00

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

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55990.67

Forgiveness Date

03/10/2022

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