# PPP loan: SALEM AND ASSOCIATES INC
> **$167K** approved 04/29/2020 · Paid in Full · Loan `2569097308`
## Borrower
- **Name:** SALEM AND ASSOCIATES INC
- **Address:** 1001 STEWART AVE, GARDEN CITY, NY, 11530
- **NAICS:** 532283
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $156K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 17
## Lender
- **Originating:** Capital One, National Association
- **Servicing:** Capital One, National Association (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*