Salem Gymnastics Center Ltd

$178,620 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
7302747110
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$178,620
Current Approval
$178,620
Forgiveness Amount
$181,518
Forgiveness Date
Dec 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Gymnastics Center Ltd
Address
4870 Country Club Road
ZIP Code
27104-4504
Business Type
Subchapter S Corporation
Industry (NAICS)
Educational Services (611620)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$157,620
Rent
$12,000
Utilities
$9,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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