PPP Loan information for Salem overhead door co inc

$39,805

Salem overhead door co inc was initially approved for PPP Loan of amount $39,805, the current approved amount is $39,805. The loan was approved on 04/03/2021 by The North Shore Bank, a Co-operative Bank reported 6 jobs and $39,805 was used to fund payroll.

Salem overhead door co inc is Existing or more than 2 years old

SALEM OVERHEAD DOOR CO INC

Date Approved

04/03/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

SALEM OVERHEAD DOOR CO INC

Borrower Address

335 Bridge St Bldg 2

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-2244

Loan Status Date

04/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39805.00

Current Approval Amount

39805.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89255

Servicing Lender Name

North Shore Bank, a Co-operative Bank

Servicing Lender Address

248 Andover St, Route 114

Servicing Lender City

Peabody

Servicing Lender State

MA

Servicing Lender Zip

01960-1502

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

ESSEX

Project State

MA

Project Zip

01970-2244

CD

MA-06

Jobs Reported

6

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

39802.00

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

89255

Originating Lender

North Shore Bank, a Co-operative Bank

Originating Lender City

Peabody

Originating Lender State

MA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

40179.83

Forgiveness Date

03/15/2022

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