Salem True Value, Inc.
$149,600 PPP Loan in Salem, Indiana
Loan Details
- Loan Number
- 1030137102
- Date Approved
- Apr 9, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $149,600
- Current Approval
- $155,700
- Forgiveness Amount
- $157,127
- Forgiveness Date
- Mar 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Salem True Value, Inc.
- Address
- 1312 W Mulberry Street
- City
- Salem
- State
- Indiana
- ZIP Code
- 47167-9433
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (444130)
- Franchise
- Ace Hardware
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 25
- Estimated Revenue
- $5.2M
- Rural/Urban
- Rural
- Congressional District
- IN-09
Loan Use Breakdown
- Payroll
- $124,486
- Rent
- $14,000
- Utilities
- $5,514
- Health Care
- $11,700
Lender Information
- Servicing Lender
- First Savings Bank
- Originating Lender
- First Savings Bank
Other PPP Loans in Salem, IN
| Business | Approved | |
|---|---|---|
| John Jones Salem Dealerships, INC | $1,020,256 |  Research |
| Eddie Gilstrap Motors, Inc. | $686,100 | Research |
| Temple & Temple Excavating & Paving, INC | $657,700 | Research |
| Peerless Gear, LLC | $566,000 | Research |
| Stingel Enterprises, INC | $233,715 | Research |
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