Salem Mennonite Home for the Aged

$235,500 PPP Loan in Freeman, South Dakota

Loan Details

Loan Number
8010717006
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$235,500
Current Approval
$235,500
Forgiveness Amount
$237,083
Forgiveness Date
Jul 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Mennonite Home for the Aged
Address
106 W 7th Street
ZIP Code
57029-2319
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623312)
Business Age
Existing or more than 2 years old
Jobs Reported
43
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$235,500

Lender Information

Servicing Lender
Merchants State Bank
Originating Lender
Merchants State Bank

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