# PPP loan: SALZMAN GROUP, INC.
> **$231K** approved 03/17/2021 · Charged Off · Loan `3941918608`
## Borrower
- **Name:** SALZMAN GROUP, INC.
- **Address:** 8 SOLVIVA ROAD, WEST TISBURY, MA, 02575
- **NAICS:** 541714
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $231K
- **Initial approval:** $231K
- **Forgiven:** $72K (31%)
- **Forgiveness date:** 02/22/2022
- **Status:** Charged Off
- **Term:** 19 months
## Use of funds
- **Payroll:** $231K
- **Utilities:** $1
- **Jobs reported:** 5
## Lender
- **Originating:** Martha's Vineyard Bank
- **Servicing:** Martha's Vineyard Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*