Salem Academy and College

$2,251,652 PPP Loan in Winston Salem, North Carolina

Loan Details

Loan Number
7702927202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,251,652
Current Approval
$2,251,652
Forgiveness Amount
$2,279,235
Forgiveness Date
Jul 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Academy and College
Address
601 S Church St
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
345
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
NC-05

Loan Use Breakdown

Payroll
$2,251,652

Lender Information

Servicing Lender
Triad Business Bank
Originating Lender
Triad Business Bank

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