PPP Loan information for Salerno and sons inc.

$160,103

Salerno and sons inc. was initially approved for PPP Loan of amount $160,103, the current approved amount is $160,103. The loan was approved on 02/20/2021 by The First State Bank reported 27 jobs and $160,103 was used to fund payroll.

Salerno and sons inc. is Existing or more than 2 years old

SALERNO AND SONS INC.

Date Approved

02/20/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SALERNO AND SONS INC.

Borrower Address

320 N 2nd St

Borrower City

Saint Charles

Borrower State

IL

Borrower Zip

60174-1845

Loan Status Date

01/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160103.22

Current Approval Amount

160103.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21955

Servicing Lender Name

First State Bank

Servicing Lender Address

706 Washington St

Servicing Lender City

MENDOTA

Servicing Lender State

IL

Servicing Lender Zip

61342-1628

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Saint Charles

Project County Name

KANE

Project State

IL

Project Zip

60174-1845

CD

IL-08

Jobs Reported

27

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160103.22

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

Subchapter S Corporation

Originating Lender Location Id

21955

Originating Lender

First State Bank

Originating Lender City

MENDOTA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

161335.80

Forgiveness Date

12/06/2021

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