PPP Loan information for Salem pipe & steel

$39,075

Salem pipe & steel was initially approved for PPP Loan of amount $39,075, the current approved amount is $39,075. The loan was approved on 04/10/2020 by The Bank of Salem reported 5 jobs and $39,075 was used to fund payroll.

Salem pipe & steel is Existing or more than 2 years old

SALEM PIPE & STEEL

Date Approved

04/10/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

SALEM PIPE & STEEL

Borrower Address

220 PINE MEADOW LN

Borrower City

SALEM

Borrower State

AR

Borrower Zip

72576-9167

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

39075.00

Current Approval Amount

39075.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4738

Servicing Lender Name

Bank of Salem

Servicing Lender Address

207 W Church St

Servicing Lender City

SALEM

Servicing Lender State

AR

Servicing Lender Zip

72576-9510

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

FULTON

Project State

AR

Project Zip

72576-9167

CD

AR-01

Jobs Reported

5

NAICS Code

423930

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

39075.00

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

Sole Proprietorship

Originating Lender Location Id

4738

Originating Lender

Bank of Salem

Originating Lender City

SALEM

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

39282.31

Forgiveness Date

10/29/2020

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