PPP Loan information for Salem manufacturing corporation

$99,877

Salem manufacturing corporation was initially approved for PPP Loan of amount $99,877, the current approved amount is $99,877. The loan was approved on 04/30/2020 by The Customers Bank reported 8 jobs and $99,877 was used to fund payroll.

Salem manufacturing corporation is Existing or more than 2 years old

SALEM MANUFACTURING CORPORATION

Date Approved

04/30/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SALEM MANUFACTURING CORPORATION

Borrower Address

115 Roosevelt Avenue

Borrower City

Belleville

Borrower State

NJ

Borrower Zip

07109

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

99877.00

Current Approval Amount

99877.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belleville

Project County Name

ESSEX

Project State

NJ

Project Zip

07109-0001

CD

NJ-11

Jobs Reported

8

NAICS Code

332721

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

99877.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

101401.15

Forgiveness Date

11/17/2021

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