Salem Construction INC

$371,725 PPP Loan in Newark, New Jersey

Loan Details

Loan Number
1183618602
Date Approved
Mar 12, 2021
Loan Status
Paid in Full
Initial Approval
$371,725
Current Approval
$371,725
Forgiveness Amount
$376,289
Forgiveness Date
Jun 1, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Salem Construction INC
Address
75-77 Rome St
City
Newark
ZIP Code
07105
Business Type
Corporation
Industry (NAICS)
Construction (238140)
Business Age
Existing or more than 2 years old
Jobs Reported
42
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NJ-08

Loan Use Breakdown

Payroll
$371,723
Utilities
$1

Lender Information

Servicing Lender
Valley National Bank
Originating Lender
Valley National Bank

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