Date Approved
05/14/2020
SBA Office Code
1086
Processing Method
PPP
Borrower Name
SALEM ELECTRIC
Borrower Address
633 7TH ST NW
Borrower City
SALEM
Borrower State
OR
Borrower Zip
97304-3802
Loan Status Date
06/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
1000000.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
78418
Servicing Lender Name
Washington Federal Bank
Servicing Lender Address
425 Pike St
Servicing Lender City
SEATTLE
Servicing Lender State
WA
Servicing Lender Zip
98101-3902
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Unanswered
Project City
Project County Name
POLK
Project State
Project Zip
CD
OR-06
Jobs Reported
47
NAICS Code
221122
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Cooperative
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1006916.67
Forgiveness Date
01/26/2021