PPP Loan information for Salem lumber co.

$55,400

Salem lumber co. was initially approved for PPP Loan of amount $55,400, the current approved amount is $55,400. The loan was approved on 04/07/2020 by The First Dakota National Bank reported 4 jobs and $55,400 was used to fund payroll.

Salem lumber co. is Existing or more than 2 years old

PPP Loan Search / SD / SALEM / Salem lumber co.

SALEM LUMBER CO.

Date Approved

04/07/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SALEM LUMBER CO.

Borrower Address

PO BOX 369

Borrower City

SALEM

Borrower State

SD

Borrower Zip

57058-0369

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55400.00

Current Approval Amount

55400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66728

Servicing Lender Name

First Dakota National Bank

Servicing Lender Address

225 Cedar St

Servicing Lender City

YANKTON

Servicing Lender State

SD

Servicing Lender Zip

57078-4333

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MCCOOK

Project State

SD

Project Zip

57058-0369

CD

SD-

Jobs Reported

4

NAICS Code

444190

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4616.00

Payroll Proceed

41550.00

Mortgage Interest Proceed

4617.00

Rent Proceed

4617.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

66728

Originating Lender

First Dakota National Bank

Originating Lender City

YANKTON

Originating Lender State

SD

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

55840.16

Forgiveness Date

02/02/2021

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