PPP Loan information for Salt inc.

$50,420

Salt inc. was initially approved for PPP Loan of amount $50,420, the current approved amount is $50,420. The loan was approved on 04/11/2020 by The The Lowell Five Cent Savings Bank reported 19 jobs and $50,420 was used to fund payroll.

Salt inc. is Existing or more than 2 years old

PPP Loan Search / MA / DRACUT / Salt inc.

SALT INC.

Date Approved

04/11/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SALT INC.

Borrower Address

650 PELHAM RD

Borrower City

DRACUT

Borrower State

MA

Borrower Zip

01826-1654

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50420.00

Current Approval Amount

50420.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32962

Servicing Lender Name

The Lowell Five Cent Savings Bank

Servicing Lender Address

34 John St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-1107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRACUT

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01826-1654

CD

MA-03

Jobs Reported

19

NAICS Code

445120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

110.00

Payroll Proceed

50310.00

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

32962

Originating Lender

The Lowell Five Cent Savings Bank

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

50960.12

Forgiveness Date

05/11/2021

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