PPP Loan information for Salem hotel a, inc

$59,744

Salem hotel a, inc was initially approved for PPP Loan of amount $59,744, the current approved amount is $59,744. The loan was approved on 04/30/2020 by The Community Bank reported 7 jobs and $59,744 was used to fund payroll.

Salem hotel a, inc is Existing or more than 2 years old

PPP Loan Search / OH / SALEM / Salem hotel a, inc

SALEM HOTEL A, INC

Date Approved

04/30/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SALEM HOTEL A, INC

Borrower Address

240 NORTH CUNNINGHAM RD

Borrower City

SALEM

Borrower State

OH

Borrower Zip

44460-9477

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59744.00

Current Approval Amount

59744.00

Undisbursed Amount

0.00

Franchise Name

Holiday Inn Express (License Agreement)

Servicing Lender Location Id

59928

Servicing Lender Name

Community Bank

Servicing Lender Address

100 N Market St

Servicing Lender City

CARMICHAELS

Servicing Lender State

PA

Servicing Lender Zip

15320-1224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

COLUMBIANA

Project State

OH

Project Zip

44460-9477

CD

OH-06

Jobs Reported

7

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59744.00

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

59928

Originating Lender

Community Bank

Originating Lender City

CARMICHAELS

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60384.59

Forgiveness Date

06/02/2021

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