Salem Specialties INC

$150,000 PPP Loan in Salem, Virginia

Loan Details

Loan Number
6271388706
Date Approved
Apr 3, 2021
Loan Status
Paid in Full
Initial Approval
$150,000
Current Approval
$150,000
Forgiveness Amount
$151,050
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Salem Specialties INC
Address
2645 W Main St
City
Salem
ZIP Code
24153-1473
Business Type
Corporation
Industry (NAICS)
Manufacturing (332721)
Business Age
Existing or more than 2 years old
Jobs Reported
22
Estimated Revenue
$5.4M
Rural/Urban
Urban
Congressional District
VA-06

Loan Use Breakdown

Payroll
$150,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

Other PPP Loans in Salem, VA

BusinessApproved
Blue Ridge Beverage Company, Inc.$5,158,321NewBizBotAI Deep Dive
Richfield Living$3,246,540NewBizBotAI Deep Dive
Oak Hall Industries, L.p.$2,560,135NewBizBotAI Deep Dive
Vfp Inc.$2,171,300NewBizBotAI Deep Dive
Virginia Baptist Children's Home and Family Services$2,152,400NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free