PPP Loan information for Salute incorporated

$1,287,000

Salute incorporated was initially approved for PPP Loan of amount $1,287,000, the current approved amount is $1,287,000. The loan was approved on 04/13/2020 by The Loan Source Incorporated reported 198 jobs and $1,287,000 was used to fund payroll.

Salute incorporated is Existing or more than 2 years old

SALUTE INCORPORATED

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SALUTE INCORPORATED

Borrower Address

43230 Garfield Rd Ste 160

Borrower City

CLINTON TOWNSHIP

Borrower State

MI

Borrower Zip

48038-1114

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1287000.00

Current Approval Amount

1287000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLINTON TOWNSHIP

Project County Name

MACOMB

Project State

MI

Project Zip

48038-1114

CD

MI-10

Jobs Reported

198

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1287000.00

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

Corporation

Originating Lender Location Id

49887

Originating Lender

Flagstar Bank National Association

Originating Lender City

HICKSVILLE

Originating Lender State

NY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1297366.52

Forgiveness Date

02/09/2021

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