# PPP loan: SALEM HOMES OF FLORIDA, INC.
> **$779K** approved 07/20/2020 · Paid in Full · Loan `5896908103`
## Borrower
- **Name:** SALEM HOMES OF FLORIDA, INC.
- **Address:** 301 N MAIN STREET, WINSTON-SALEM, NC, 27101-3802
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $779K
- **Initial approval:** $779K
- **Forgiven:** $783K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $779K
- **Jobs reported:** 131
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*