PPP Loan information for Salem homes of florida, inc.

$778,520

Salem homes of florida, inc. was initially approved for PPP Loan of amount $778,520, the current approved amount is $778,520. The loan was approved on 07/20/2020 by The Pinnacle Bank reported 131 jobs and $778,520 was used to fund payroll.

Salem homes of florida, inc. is New Business or 2 years or less

SALEM HOMES OF FLORIDA, INC.

Date Approved

07/20/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SALEM HOMES OF FLORIDA, INC.

Borrower Address

301 N MAIN STREET

Borrower City

WINSTON-SALEM

Borrower State

NC

Borrower Zip

27101-3802

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

778520.00

Current Approval Amount

778520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

WINSTON-SALEM

Project County Name

FORSYTH

Project State

NC

Project Zip

27101-3802

CD

NC-05

Jobs Reported

131

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

778520.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

783319.10

Forgiveness Date

03/05/2021

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