The Salem Group Inc.

$166,500 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
2841128801
Date Approved
Apr 13, 2021
Loan Status
Paid in Full
Initial Approval
$166,500
Current Approval
$166,500
Forgiveness Amount
$167,453
Forgiveness Date
Nov 10, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
The Salem Group Inc.
Address
209 Mercantile Dr
ZIP Code
27105-8618
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423990)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$166,497
Utilities
$1

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
First-Citizens Bank & Trust Company

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