# PPP loan: SALEM FARM SUPPLY, INC.
> **$608K** approved 04/05/2020 · Paid in Full · Loan `5101197007`
## Borrower
- **Name:** SALEM FARM SUPPLY, INC.
- **Address:** STATE ROUTE 22, SALEM, NY, 12865-2203
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $608K
- **Initial approval:** $608K
- **Forgiven:** $612K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $608K
- **Jobs reported:** 52
## Lender
- **Originating:** Glens Falls National Bank and Trust Company
- **Servicing:** Glens Falls National Bank and Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*