PPP Loan information for Salem lumber company, inc.

$29,384

Salem lumber company, inc. was initially approved for PPP Loan of amount $29,384, the current approved amount is $29,384. The loan was approved on 04/27/2020 by The Mid-Southern Savings Bank, FSB reported 4 jobs and $29,384 was used to fund payroll.

Salem lumber company, inc. is Existing or more than 2 years old

SALEM LUMBER COMPANY, INC.

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SALEM LUMBER COMPANY, INC.

Borrower Address

300 S. Water Street

Borrower City

Salem

Borrower State

IN

Borrower Zip

47167-1342

Loan Status Date

03/26/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

29384.00

Current Approval Amount

29384.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86248

Servicing Lender Name

Mid-Southern Savings Bank, FSB

Servicing Lender Address

300 N Water St

Servicing Lender City

SALEM

Servicing Lender State

IN

Servicing Lender Zip

47167-1708

Rural Urban Indicator

R

Hubzone Indicator

Y

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

47167-0001

CD

IN-09

Jobs Reported

4

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

29384.00

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

Corporation

Originating Lender Location Id

86248

Originating Lender

Mid-Southern Savings Bank, FSB

Originating Lender City

SALEM

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

29697.43

Forgiveness Date

05/26/2021

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