# PPP loan: SALEM DISTRIBUTING CO
> **$985K** approved 04/29/2020 · Paid in Full · Loan `3142207310`
## Borrower
- **Name:** SALEM DISTRIBUTING CO
- **Address:** 5901 Gun Club Rd., WINSTON SALEM, NC, 27103
- **NAICS:** 425120
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $985K
- **Initial approval:** $985K
- **Forgiven:** $993K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $985K
- **Jobs reported:** 61
## Lender
- **Originating:** Bank of Oak Ridge
- **Servicing:** Bank of Oak Ridge (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*