PPP Loan information for West salem machinery company

$979,337

West salem machinery company was initially approved for PPP Loan of amount $979,337, the current approved amount is $979,337. The loan was approved on 03/12/2021 by The Bank of the Pacific reported 70 jobs and $979,337 was used to fund payroll.

West salem machinery company is Existing or more than 2 years old

PPP Loan Search / OR / Salem / West salem machinery company

WEST SALEM MACHINERY COMPANY

Date Approved

03/12/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

WEST SALEM MACHINERY COMPANY

Borrower Address

665 Murlark Ave NW

Borrower City

Salem

Borrower State

OR

Borrower Zip

97304-3812

Loan Status Date

09/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

979336.67

Current Approval Amount

979336.67

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

74177

Servicing Lender Name

Bank of the Pacific

Servicing Lender Address

1216 Skyview Dr

Servicing Lender City

ABERDEEN

Servicing Lender State

WA

Servicing Lender Zip

98520-1067

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

POLK

Project State

OR

Project Zip

97304-3812

CD

OR-06

Jobs Reported

70

NAICS Code

333249

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

979333.67

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

74177

Originating Lender

Bank of the Pacific

Originating Lender City

ABERDEEN

Originating Lender State

WA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

983763.81

Forgiveness Date

08/25/2021

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