PPP Loan information for Salem electric

$1,000,000

Salem electric was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 05/14/2020 by The Washington Federal Bank reported 47 jobs and $1,000,000 was used to fund payroll.

Salem electric is Unanswered

PPP Loan Search / OR / SALEM / Salem electric

SALEM ELECTRIC

Date Approved

05/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SALEM ELECTRIC

Borrower Address

633 7TH ST NW

Borrower City

SALEM

Borrower State

OR

Borrower Zip

97304-3802

Loan Status Date

06/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78418

Servicing Lender Name

Washington Federal Bank

Servicing Lender Address

425 Pike St

Servicing Lender City

SEATTLE

Servicing Lender State

WA

Servicing Lender Zip

98101-3902

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

SALEM

Project County Name

POLK

Project State

OR

Project Zip

97304-3802

CD

OR-06

Jobs Reported

47

NAICS Code

221122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1000000.00

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

Cooperative

Originating Lender Location Id

78418

Originating Lender

Washington Federal Bank

Originating Lender City

SEATTLE

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1006916.67

Forgiveness Date

01/26/2021

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