PPP Loan information for Salem distributing co

$984,900

Salem distributing co was initially approved for PPP Loan of amount $984,900, the current approved amount is $984,900. The loan was approved on 04/29/2020 by The Bank of Oak Ridge reported 61 jobs and $984,900 was used to fund payroll.

Salem distributing co is Unanswered

PPP Loan Search / NC / WINSTON SALEM / Salem distributing co

SALEM DISTRIBUTING CO

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM DISTRIBUTING CO

Borrower Address

5901 Gun Club Rd.

Borrower City

WINSTON SALEM

Borrower State

NC

Borrower Zip

27103

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

984900.00

Current Approval Amount

984900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124488

Servicing Lender Name

Bank of Oak Ridge

Servicing Lender Address

2211 Oak Ridge Rd

Servicing Lender City

OAK RIDGE

Servicing Lender State

NC

Servicing Lender Zip

27310-9619

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

WINSTON SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27103-0031

CD

NC-05

Jobs Reported

61

NAICS Code

425120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

984900.00

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

124488

Originating Lender

Bank of Oak Ridge

Originating Lender City

OAK RIDGE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

993107.50

Forgiveness Date

03/02/2021

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