Salem Insurance Agency, Inc.

$210,600 PPP Loan in Goshen, Indiana

Loan Details

Loan Number
8277127005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$210,600
Current Approval
$210,600
Forgiveness Amount
$211,858
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Salem Insurance Agency, Inc.
Address
609 W Lincoln Ave.
City
Goshen
State
Indiana
ZIP Code
46526-2415
Business Type
Subchapter S Corporation
Industry (NAICS)
Finance and Insurance (524210)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
$7.7M
Rural/Urban
Urban
Congressional District
IN-02

Loan Use Breakdown

Payroll
$169,000
Rent
$16,300
Utilities
$2,700
Health Care
$22,600

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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