Salem Distributing Co

$984,900 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
3142207310
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$984,900
Current Approval
$984,900
Forgiveness Amount
$993,108
Forgiveness Date
Mar 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Distributing Co
Address
5901 Gun Club Rd.
ZIP Code
27103
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (425120)
Business Age
Unanswered
Jobs Reported
61
Estimated Revenue
$19.3M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$984,900

Lender Information

Servicing Lender
Bank of Oak Ridge
Originating Lender
Bank of Oak Ridge

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