PPP Loan information for West salem machinery company

$930,487

West salem machinery company was initially approved for PPP Loan of amount $930,487, the current approved amount is $930,487. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 70 jobs and $930,487 was used to fund payroll.

West salem machinery company is Existing or more than 2 years old

PPP Loan Search / OR / SALEM / West salem machinery company

WEST SALEM MACHINERY COMPANY

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

WEST SALEM MACHINERY COMPANY

Borrower Address

665 Murlock Ave. NW

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97304

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

930487.00

Current Approval Amount

930487.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

POLK

Project State

OR

Project Zip

97304-0001

CD

OR-06

Jobs Reported

70

NAICS Code

333120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

930487.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

935165.28

Forgiveness Date

11/05/2020

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