PPP Loan information for Salem true value, inc.

$155,700

Salem true value, inc. was initially approved for PPP Loan of amount $149,600, the current approved amount is $155,700. The loan was approved on 04/09/2020 by The First Savings Bank reported 25 jobs and $155,700 was used to fund payroll.

Salem true value, inc. is Existing or more than 2 years old

PPP Loan Search / IN / SALEM / Salem true value, inc.

SALEM TRUE VALUE, INC.

Date Approved

04/09/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SALEM TRUE VALUE, INC.

Borrower Address

1312 W Mulberry Street

Borrower City

SALEM

Borrower State

IN

Borrower Zip

47167-9433

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149600.00

Current Approval Amount

155700.00

Undisbursed Amount

0.00

Franchise Name

Ace Hardware

Servicing Lender Location Id

85120

Servicing Lender Name

First Savings Bank

Servicing Lender Address

702 N. Shore Dr. #300

Servicing Lender City

Jeffersonville

Servicing Lender State

IN

Servicing Lender Zip

47130

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

WASHINGTON

Project State

IN

Project Zip

47167-9433

CD

IN-09

Jobs Reported

25

NAICS Code

444130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5514.00

Payroll Proceed

124486.00

Mortgage Interest Proceed

0.00

Rent Proceed

14000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11700.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

85120

Originating Lender

First Savings Bank

Originating Lender City

Jeffersonville

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

157127.25

Forgiveness Date

03/25/2021

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