The Salem Academy and College
$2,000,000 PPP Loan in Winston Salem, North Carolina
Loan Details
- Loan Number
- 5348868310
- Date Approved
- Jan 25, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $2,000,000
- Current Approval
- $2,000,000
- Forgiveness Amount
- $2,024,222
- Forgiveness Date
- Apr 18, 2022
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- The Salem Academy and College
- Address
- 601 S Church St
- City
- Winston Salem
- State
- North Carolina
- ZIP Code
- 27101-5318
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 225
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- NC-05
Loan Use Breakdown
- Payroll
- $1,999,996
- Utilities
- $1
Lender Information
- Servicing Lender
- Triad Business Bank
- Originating Lender
- Triad Business Bank
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