# PPP loan: SALEME INSURANCE SERVICES, INC.
> **$194K** approved 04/10/2020 · Paid in Full · Loan `1297657104`
## Borrower
- **Name:** SALEME INSURANCE SERVICES, INC.
- **Address:** 1409  11TH AVE, ALTOONA, PA, 16601-3303
- **NAICS:** 524210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Utilities:** $39K
- **Jobs reported:** 14
## Lender
- **Originating:** Altoona First Savings Bank
- **Servicing:** Altoona First Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*