PPP Loan information for Salem welding & supply co. inc.

$217,847

Salem welding & supply co. inc. was initially approved for PPP Loan of amount $217,847, the current approved amount is $217,847. The loan was approved on 01/25/2021 by The The Farmers National Bank of Canfield reported 16 jobs and $217,847 was used to fund payroll.

Salem welding & supply co. inc. is Existing or more than 2 years old

PPP Loan Search / OH / Salem / Salem welding & supply co. inc.

SALEM WELDING & SUPPLY CO. INC.

Date Approved

01/25/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SALEM WELDING & SUPPLY CO. INC.

Borrower Address

475 Prospect St

Borrower City

Salem

Borrower State

OH

Borrower Zip

44460-2618

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

217847.40

Current Approval Amount

217847.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53390

Servicing Lender Name

The Farmers National Bank of Canfield

Servicing Lender Address

20 S Broad St

Servicing Lender City

Canfield

Servicing Lender State

OH

Servicing Lender Zip

44406-1401

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

COLUMBIANA

Project State

OH

Project Zip

44460-2618

CD

OH-06

Jobs Reported

16

NAICS Code

332312

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

217845.40

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

53390

Originating Lender

The Farmers National Bank of Canfield

Originating Lender City

Canfield

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

219172.64

Forgiveness Date

09/07/2021

;