PPP Loan information for Salem wood products ii llc

$525,400

Salem wood products ii llc was initially approved for PPP Loan of amount $525,400, the current approved amount is $525,400. The loan was approved on 04/14/2020 by The Willamette Valley Bank reported 32 jobs and $525,400 was used to fund payroll.

Salem wood products ii llc is Existing or more than 2 years old

SALEM WOOD PRODUCTS II LLC

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SALEM WOOD PRODUCTS II LLC

Borrower Address

1740 23RD ST SE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97302-1221

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

525400.00

Current Approval Amount

525400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203330

Servicing Lender Name

Willamette Valley Bank

Servicing Lender Address

101 High St NE

Servicing Lender City

SALEM

Servicing Lender State

OR

Servicing Lender Zip

97301-3641

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97302-1221

CD

OR-06

Jobs Reported

32

NAICS Code

321999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

131350.00

Payroll Proceed

394050.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

203330

Originating Lender

Willamette Valley Bank

Originating Lender City

SALEM

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

530322.93

Forgiveness Date

03/31/2021

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