PPP Loan information for Salem senior housing inc.

$449,927

Salem senior housing inc. was initially approved for PPP Loan of amount $449,927, the current approved amount is $449,927. The loan was approved on 04/28/2020 by The First Horizon Bank reported 67 jobs and $449,927 was used to fund payroll.

Salem senior housing inc. is Existing or more than 2 years old

PPP Loan Search / NC / WINSTON SALEM / Salem senior housing inc.

SALEM SENIOR HOUSING INC.

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM SENIOR HOUSING INC.

Borrower Address

1105 Brookstown Ave

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27101-2524

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

449927.00

Current Approval Amount

449927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27101-2524

CD

NC-05

Jobs Reported

67

NAICS Code

531311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

846.00

Payroll Proceed

435928.00

Mortgage Interest Proceed

1681.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11472.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

455338.62

Forgiveness Date

07/15/2021

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