PPP Loan information for The salem group inc.

$166,500

The salem group inc. was initially approved for PPP Loan of amount $166,500, the current approved amount is $166,500. The loan was approved on 04/13/2021 by The First-Citizens Bank & Trust Company reported 11 jobs and $166,500 was used to fund payroll.

The salem group inc. is Existing or more than 2 years old

PPP Loan Search / NC / Winston Salem / The salem group inc.

THE SALEM GROUP INC.

Date Approved

04/13/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE SALEM GROUP INC.

Borrower Address

209 Mercantile Dr

Borrower City

Winston Salem

Borrower State

NC

Borrower Zip

27105-8618

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

166500.00

Current Approval Amount

166500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winston Salem

Project County Name

FORSYTH

Project State

NC

Project Zip

27105-8618

CD

NC-05

Jobs Reported

11

NAICS Code

423990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

166497.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167453.38

Forgiveness Date

11/10/2021

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