PPP Loan information for Selma corp

$25,500

Selma corp was initially approved for PPP Loan of amount $25,500, the current approved amount is $25,500. The loan was approved on 04/15/2020 by The Salem Five Cents Savings Bank reported 6 jobs and $25,500 was used to fund payroll.

Selma corp is Existing or more than 2 years old

SELMA CORP

Date Approved

04/15/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SELMA CORP

Borrower Address

1277 Broadway Street, F27

Borrower City

SAUGUS

Borrower State

MA

Borrower Zip

01906

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

25500.00

Current Approval Amount

25500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAUGUS

Project County Name

ESSEX

Project State

MA

Project Zip

01906-0001

CD

MA-06

Jobs Reported

6

NAICS Code

722513

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

25500.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25708.96

Forgiveness Date

02/11/2021

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