PPP Loan information for Salem management co., inc.

$135,700

Salem management co., inc. was initially approved for PPP Loan of amount $135,700, the current approved amount is $135,700. The loan was approved on 04/28/2020 by The North Valley Bank reported 45 jobs and $135,700 was used to fund payroll.

Salem management co., inc. is Existing or more than 2 years old

SALEM MANAGEMENT CO., INC.

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

135700.00

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

OH

Servicing Lender Zip

43701-9772

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLOUGHBY

Project County Name

LAKE

Project State

OH

Project Zip

44094-4412

CD

OH-14

Jobs Reported

45

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

135700.00

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

Subchapter S Corporation

Originating Lender Location Id

57448

Originating Lender

North Valley Bank

Originating Lender City

ZANESVILLE

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

137242.89

Forgiveness Date

06/24/2021

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