# PPP loan: EL RODEO SALEM INC
> **$190K** approved 04/11/2020 · Paid in Full · Loan `3341397106`
## Borrower
- **Name:** EL RODEO SALEM INC
- **Address:** 2032 W Main St., SALEM, VA, 24153-3130
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 05/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Mortgage interest:** $34K
- **Utilities:** $13K
- **Jobs reported:** 20
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*