Salem Senior Housing Inc.

$449,927 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
6577897201
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$449,927
Current Approval
$449,927
Forgiveness Amount
$455,339
Forgiveness Date
Jul 15, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Senior Housing Inc.
Address
1105 Brookstown Ave
ZIP Code
27101-2524
Business Type
Subchapter S Corporation
Industry (NAICS)
Real Estate and Rental and Leasing (531311)
Business Age
Existing or more than 2 years old
Jobs Reported
67
Estimated Revenue
$10.1M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$435,928
Utilities
$846
Health Care
$11,472
Mortgage Interest
$1,681

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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