PPP Loan information for Saloom furniture co. inc

$393,103

Saloom furniture co. inc was initially approved for PPP Loan of amount $393,103, the current approved amount is $393,103. The loan was approved on 02/25/2021 by The Fidelity Co-Operative Bank reported 49 jobs and $393,103 was used to fund payroll.

Saloom furniture co. inc is Existing or more than 2 years old

SALOOM FURNITURE CO. INC

Date Approved

02/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SALOOM FURNITURE CO. INC

Borrower Address

256 Murdock Ave

Borrower City

Winchendon

Borrower State

MA

Borrower Zip

01475-1127

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

393102.50

Current Approval Amount

393102.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80075

Servicing Lender Name

Fidelity Co-Operative Bank

Servicing Lender Address

9 Leominster Connector

Servicing Lender City

LEOMINSTER

Servicing Lender State

MA

Servicing Lender Zip

01453-3791

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Winchendon

Project County Name

WORCESTER

Project State

MA

Project Zip

01475-1127

CD

MA-03

Jobs Reported

49

NAICS Code

337122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

393100.50

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

80075

Originating Lender

Fidelity Co-Operative Bank

Originating Lender City

LEOMINSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

395805.75

Forgiveness Date

11/09/2021

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