Old Salem Inc.

$662,735 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
3052928600
Date Approved
Mar 16, 2021
Loan Status
Paid in Full
Initial Approval
$662,735
Current Approval
$662,735
Forgiveness Amount
$668,781
Forgiveness Date
Feb 28, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Old Salem Inc.
Address
600 S Main St
ZIP Code
27101-5329
Business Type
Non-Profit Organization
Industry (NAICS)
Arts, Entertainment, and Recreation (712110)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$662,732
Utilities
$1

Lender Information

Servicing Lender
Cross River Bank
Originating Lender
Cross River Bank

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