PPP Loan information for The salt shop inc

$101,927

The salt shop inc was initially approved for PPP Loan of amount $101,927, the current approved amount is $101,927. The loan was approved on 04/28/2020 by The First Merchants Bank reported 10 jobs and $101,927 was used to fund payroll.

The salt shop inc is Existing or more than 2 years old

THE SALT SHOP INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

THE SALT SHOP INC

Borrower Address

3316 Madison Ave

Borrower City

Anderson

Borrower State

IN

Borrower Zip

46013-4135

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101927.00

Current Approval Amount

101927.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Anderson

Project County Name

MADISON

Project State

IN

Project Zip

46013-4135

CD

IN-05

Jobs Reported

10

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101927.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

103228.31

Forgiveness Date

08/10/2021

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