PPP Loan information for Salem one inc

$1,535,793

Salem one inc was initially approved for PPP Loan of amount $1,335,600, the current approved amount is $1,535,793. The loan was approved on 04/07/2020 by The Truist Bank reported 129 jobs and $1,535,793 was used to fund payroll.

Salem one inc is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Salem one inc

SALEM ONE INC

Date Approved

04/07/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM ONE INC

Borrower Address

5670 SHATTALON DR

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27105-1331

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1335600.00

Current Approval Amount

1535793.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-1331

CD

NC-05

Jobs Reported

129

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1535793.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1546586.21

Forgiveness Date

12/31/2020

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