Mj Salem Corporation

$634,800 PPP Loan in Aberdeen, South Dakota

Loan Details

Loan Number
2335167106
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$634,800
Current Approval
$634,800
Forgiveness Amount
$640,548
Forgiveness Date
Mar 10, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Mj Salem Corporation
Address
20 6th Ave SE
ZIP Code
57401-2818
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
155
Estimated Revenue
$27.5M
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$507,840
Utilities
$63,480
Mortgage Interest
$63,480

Lender Information

Servicing Lender
Dacotah Bank
Originating Lender
Dacotah Bank

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