PPP Loan information for Salem research institute

$164,080

Salem research institute was initially approved for PPP Loan of amount $164,080, the current approved amount is $164,080. The loan was approved on 08/06/2020 by The Quontic Bank reported 20 jobs and $164,080 was used to fund payroll.

Salem research institute is Unanswered

SALEM RESEARCH INSTITUTE

Date Approved

08/06/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SALEM RESEARCH INSTITUTE

Borrower Address

SALEM RESEARCH INSTITUTE, INC. 1970 ROANOKE BLVD. (151-B)

Borrower City

SALEM

Borrower State

VA

Borrower Zip

24153

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

164080.00

Current Approval Amount

164080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

433860

Servicing Lender Name

Quontic Bank

Servicing Lender Address

1 Rockefeller Plaza, 9th Fl

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10020

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

SALEM

Project County Name

ROANOKE

Project State

VA

Project Zip

24153-0001

CD

VA-06

Jobs Reported

20

NAICS Code

524114

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

164080.00

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

Non-Profit Organization

Originating Lender Location Id

529029

Originating Lender

Intuit Financing Inc.

Originating Lender City

Mountainview

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

165746.39

Forgiveness Date

08/24/2021

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