111 SALEM GROUP INC. (MA) - 2020 PPP Loan Borrower Profile (# 6129188606)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 111 SALEM GROUP INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Massachusetts.

Loan Detail

Loan Number

6129188606

SBA Office Code

0101

Processing Method

PPS

Curent Loan Amount

$202,972

Date Loan was Approved

Mar 20, 2021

Amount Forgiven

$204,317.73

Date Loan was Forgiven

Nov 22, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

202,970

Lender

Manufacturers and Traders Trust Company

Business Detail

Business Type

Corporation

NAICS

722511

Borrower Location

Boston, MA

Project Location

Boston, MA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.