Salem Infotech INC
$452,585 PPP Loan in Herndon, Virginia
Loan Details
- Loan Number
- 8206697102
- Date Approved
- Apr 15, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $452,585
- Current Approval
- $328,574
- Forgiveness Amount
- $330,285
- Forgiveness Date
- Feb 16, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Salem Infotech INC
- Address
- 2201 Cooperative Way Suite 600
- City
- Herndon
- State
- Virginia
- ZIP Code
- 20171
- Business Type
- Corporation
- Industry (NAICS)
- Professional, Scientific, and Technical Services (541511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 20
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- VA-11
Loan Use Breakdown
- Payroll
- $296,206
- Rent
- $2,904
- Utilities
- $2,178
- Health Care
- $24,829
- Debt Interest
- $2,457
Lender Information
- Servicing Lender
- Manufacturers and Traders Trust Company
- Originating Lender
- Manufacturers and Traders Trust Company
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