PPP Loan information for Salem mission, inc.

$309,200

Salem mission, inc. was initially approved for PPP Loan of amount $310,700, the current approved amount is $309,200. The loan was approved on 04/08/2020 by The Salem Five Cents Savings Bank reported 33 jobs and $309,200 was used to fund payroll.

Salem mission, inc. is Existing or more than 2 years old

PPP Loan Search / MA / SALEM / Salem mission, inc.

SALEM MISSION, INC.

Date Approved

04/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SALEM MISSION, INC.

Borrower Address

56 MARGIN ST

Borrower City

SALEM

Borrower State

MA

Borrower Zip

01970-3341

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310700.00

Current Approval Amount

309200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ESSEX

Project State

MA

Project Zip

01970-3341

CD

MA-06

Jobs Reported

33

NAICS Code

624221

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

309200.00

Payroll Proceed

0.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

312300.59

Forgiveness Date

04/15/2021

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