PPP Loan information for Salem logistics inc

$210,212

Salem logistics inc was initially approved for PPP Loan of amount $210,215, the current approved amount is $210,212. The loan was approved on 04/14/2020 by The The Huntington National Bank reported 32 jobs and $210,212 was used to fund payroll.

Salem logistics inc is New Business or 2 years or less

PPP Loan Search / MI / West Bloomfield / Salem logistics inc

SALEM LOGISTICS INC

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SALEM LOGISTICS INC

Borrower Address

7617 Greenway Lane

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48324

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

210215.25

Current Approval Amount

210212.25

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-0899

CD

MI-11

Jobs Reported

32

NAICS Code

484110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

210212.25

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

Subchapter S Corporation

Originating Lender Location Id

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

211339.22

Forgiveness Date

11/03/2020

;