PPP Loan information for Salem metal inc

$672,642

Salem metal inc was initially approved for PPP Loan of amount $672,642, the current approved amount is $672,642. The loan was approved on 04/13/2020 by The TD Bank, National Association reported 66 jobs and $672,642 was used to fund payroll.

Salem metal inc is Existing or more than 2 years old

PPP Loan Search / MA / MIDDLETON / Salem metal inc

SALEM METAL INC

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SALEM METAL INC

Borrower Address

177 N Main Street Building 200 - Unit #201

Borrower City

MIDDLETON

Borrower State

MA

Borrower Zip

01949-1656

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

672642.00

Current Approval Amount

672642.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETON

Project County Name

ESSEX

Project State

MA

Project Zip

01949-1656

CD

MA-06

Jobs Reported

66

NAICS Code

332313

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

672642.00

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

Subchapter S Corporation

Originating Lender Location Id

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

680508.17

Forgiveness Date

06/17/2021

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