PPP Loan information for Salem tube inc.

$1,781,861

Salem tube inc. was initially approved for PPP Loan of amount $1,781,861, the current approved amount is $1,781,861. The loan was approved on 04/02/2021 by The Cross River Bank reported 89 jobs and $1,781,861 was used to fund payroll.

Salem tube inc. is Existing or more than 2 years old

SALEM TUBE INC.

Date Approved

04/02/2021

SBA Office Code

0358

Processing Method

PPS

Borrower Name

SALEM TUBE INC.

Borrower Address

951 4th St

Borrower City

Greenville

Borrower State

PA

Borrower Zip

16125-8253

Loan Status Date

04/17/2021

Loan Status

Charged Off

Term

37

SBA Guaranty Percentage

100

Initial Approval Amount

1781861.00

Current Approval Amount

1781861.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Greenville

Project County Name

MERCER

Project State

PA

Project Zip

16125-8253

CD

PA-16

Jobs Reported

89

NAICS Code

331210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1781859.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;