PPP Loan information for Salem lutheran homes

$451,600

Salem lutheran homes was initially approved for PPP Loan of amount $451,600, the current approved amount is $451,600. The loan was approved on 07/21/2020 by The The Shelby County State Bank reported 72 jobs and $451,600 was used to fund payroll.

Salem lutheran homes is Existing or more than 2 years old

PPP Loan Search / IA / ELK HORN / Salem lutheran homes

SALEM LUTHERAN HOMES

Date Approved

07/21/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SALEM LUTHERAN HOMES

Borrower Address

2027 COLLEGE ST

Borrower City

ELK HORN

Borrower State

IA

Borrower Zip

51531-8007

Loan Status Date

02/04/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

451600.00

Current Approval Amount

451600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25450

Servicing Lender Name

The Shelby County State Bank

Servicing Lender Address

508 Court St

Servicing Lender City

HARLAN

Servicing Lender State

IA

Servicing Lender Zip

51537-1463

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK HORN

Project County Name

SHELBY

Project State

IA

Project Zip

51531-8007

CD

IA-04

Jobs Reported

72

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

451600.00

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

Non-Profit Organization

Originating Lender Location Id

25450

Originating Lender

The Shelby County State Bank

Originating Lender City

HARLAN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

453732.56

Forgiveness Date

01/11/2021

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