PPP Loan information for Salem hotel investors llc

$325,000

Salem hotel investors llc was initially approved for PPP Loan of amount $325,000, the current approved amount is $325,000. The loan was approved on 01/21/2021 by The Pioneer Trust Bank, National Association reported 36 jobs and $325,000 was used to fund payroll.

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

PPP Loan Search / OR / Salem / Salem hotel investors llc

SALEM HOTEL INVESTORS LLC

Date Approved

01/21/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

SALEM HOTEL INVESTORS LLC

Borrower Address

510 Hawthorne Ave SE

Borrower City

Salem

Borrower State

OR

Borrower Zip

97301-5085

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

325000.00

Current Approval Amount

325000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59705

Servicing Lender Name

Pioneer Trust Bank, National Association

Servicing Lender Address

109 Commercial St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3402

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

MARION

Project State

OR

Project Zip

97301-5085

CD

OR-05

Jobs Reported

36

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

324995.00

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

59705

Originating Lender

Pioneer Trust Bank, National Association

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

327555.48

Forgiveness Date

11/10/2021

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