PPP Loan information for Salient, inc.

$13,600

Salient, inc. was initially approved for PPP Loan of amount $13,600, the current approved amount is $13,600. The loan was approved on 04/04/2020 by The Farmers & Merchants Savings Bank reported 2 jobs and $13,600 was used to fund payroll.

Salient, inc. is Existing or more than 2 years old

SALIENT, INC.

Date Approved

04/04/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SALIENT, INC.

Borrower Address

135 MONROE ST SE STE 16

Borrower City

HUTCHINSON

Borrower State

MN

Borrower Zip

55350-2684

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

13600.00

Current Approval Amount

13600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25211

Servicing Lender Name

Farmers & Merchants Savings Bank

Servicing Lender Address

101 E Main St

Servicing Lender City

MANCHESTER

Servicing Lender State

IA

Servicing Lender Zip

52057-1736

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HUTCHINSON

Project County Name

MCLEOD

Project State

MN

Project Zip

55350-2684

CD

MN-07

Jobs Reported

2

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

13600.00

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

25211

Originating Lender

Farmers & Merchants Savings Bank

Originating Lender City

MANCHESTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

13667.24

Forgiveness Date

10/13/2020

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