PPP Loan information for Salem community child care inc.

$275,485

Salem community child care inc. was initially approved for PPP Loan of amount $275,485, the current approved amount is $275,485. The loan was approved on 02/17/2021 by The Salem Five Cents Savings Bank reported 27 jobs and $275,485 was used to fund payroll.

Salem community child care inc. is Existing or more than 2 years old

PPP Loan Search / MA / Salem / Salem community child care inc.

SALEM COMMUNITY CHILD CARE INC.

Date Approved

02/17/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SALEM COMMUNITY CHILD CARE INC.

Borrower Address

90 Congress St

Borrower City

Salem

Borrower State

MA

Borrower Zip

01970-6052

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

275485.00

Current Approval Amount

275485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

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

01970-6052

CD

MA-06

Jobs Reported

27

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

275483.00

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

501(c)3 – Non Profit

Originating Lender Location Id

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

278040.89

Forgiveness Date

01/19/2022

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