Date Approved
04/28/2020
SBA Office Code
0549
Processing Method
PPP
Borrower Name
SALEM MANAGEMENT CO., INC.
Borrower Address
36297 EUCLID AVE
Borrower City
WILLOUGHBY
Borrower State
OH
Borrower Zip
44094-4412
Loan Status Date
07/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
135700.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
57448
Servicing Lender Name
North Valley Bank
Servicing Lender Address
2775 Maysville Pike
Servicing Lender City
ZANESVILLE
Servicing Lender State
Servicing Lender Zip
43701-9772
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
LAKE
Project State
Project Zip
CD
OH-14
Jobs Reported
45
NAICS Code
423850
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
137242.89
Forgiveness Date
06/24/2021