PPP Loan information for Salt solutions inc

$524,000

Salt solutions inc was initially approved for PPP Loan of amount $524,000, the current approved amount is $524,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 28 jobs and $524,000 was used to fund payroll.

Salt solutions inc is New Business or 2 years or less

SALT SOLUTIONS INC

Date Approved

05/01/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SALT SOLUTIONS INC

Borrower Address

2231 NW 108TH ST

Borrower City

CLIVE

Borrower State

IA

Borrower Zip

50325-3705

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

524000.00

Current Approval Amount

524000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CLIVE

Project County Name

POLK

Project State

IA

Project Zip

50325-3705

CD

IA-03

Jobs Reported

28

NAICS Code

541618

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

524000.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

528680.11

Forgiveness Date

03/24/2021

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