PPP Loan information for Salem pointe capital, llc

$247,913

Salem pointe capital, llc was initially approved for PPP Loan of amount $247,913, the current approved amount is $247,913. The loan was approved on 04/15/2020 by The Pinnacle Bank reported 35 jobs and $247,913 was used to fund payroll.

Salem pointe capital, llc is Existing or more than 2 years old

SALEM POINTE CAPITAL, LLC

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SALEM POINTE CAPITAL, LLC

Borrower Address

403 RARITY BAY PKWY

Borrower City

VONORE

Borrower State

TN

Borrower Zip

37885

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

247912.50

Current Approval Amount

247912.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VONORE

Project County Name

MONROE

Project State

TN

Project Zip

37885-0001

CD

TN-03

Jobs Reported

35

NAICS Code

713910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

247912.50

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

Limited Liability Company(LLC)

Originating Lender Location Id

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

251111.59

Forgiveness Date

08/05/2021

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