PPP Loan information for Salem rehab center llc

$1,159,452

Salem rehab center llc was initially approved for PPP Loan of amount $1,159,452, the current approved amount is $1,159,452. The loan was approved on 04/22/2021 by The Forbright Bank reported 134 jobs and $1,159,452 was used to fund payroll.

Salem rehab center llc is Existing or more than 2 years old

SALEM REHAB CENTER LLC

Date Approved

04/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SALEM REHAB CENTER LLC

Borrower Address

7 Loring Hills Ave

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-4267

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1159452.00

Current Approval Amount

1159452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

ESSEX

Project State

MA

Project Zip

01970-4267

CD

MA-06

Jobs Reported

134

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1159449.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1169114.10

Forgiveness Date

02/23/2022

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