PPP Loan information for Salem child development center inc

$736,405

Salem child development center inc was initially approved for PPP Loan of amount $876,600, the current approved amount is $736,405. The loan was approved on 04/07/2020 by The Bank of the Pacific reported 144 jobs and $736,405 was used to fund payroll.

Salem child development center inc is Existing or more than 2 years old

SALEM CHILD DEVELOPMENT CENTER INC

Date Approved

04/07/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SALEM CHILD DEVELOPMENT CENTER INC

Borrower Address

1550 FAIRGROUND RD NE

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97301-7157

Loan Status Date

12/08/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

876600.00

Current Approval Amount

736405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

MARION

Project State

OR

Project Zip

97301-7157

CD

OR-05

Jobs Reported

144

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

736405.00

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

Non-Profit Childcare Center

Originating Lender Location Id

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

740803.25

Forgiveness Date

11/25/2020

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