PPP Loan information for Salem iron & metal llc

$27,000

Salem iron & metal llc was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 04/30/2020 by The American National Bank and Trust Company reported 3 jobs and $27,000 was used to fund payroll.

Salem iron & metal llc is Existing or more than 2 years old

SALEM IRON & METAL LLC

Date Approved

04/30/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SALEM IRON & METAL LLC

Borrower Address

610 Ninth Street

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73215

Servicing Lender Name

American National Bank and Trust Company

Servicing Lender Address

628 Main St

Servicing Lender City

DANVILLE

Servicing Lender State

VA

Servicing Lender Zip

24541-1320

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

SALEM

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

3

NAICS Code

423930

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27000.00

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

73215

Originating Lender

American National Bank and Trust Company

Originating Lender City

DANVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27249.75

Forgiveness Date

04/05/2021

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