Salem Transportation INC

$255,556 PPP Loan in Faison, North Carolina

Loan Details

Loan Number
5986277101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$255,556
Current Approval
$255,556
Forgiveness Amount
$257,515
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Transportation INC
Address
4236 Suttontown Rd
City
Faison
ZIP Code
28341-6546
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (492210)
Business Age
Existing or more than 2 years old
Jobs Reported
12
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
NC-03

Loan Use Breakdown

Payroll
$255,556

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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