# PPP loan: SALEM CHILD DEVELOPMENT CENTER
> **$877K** approved 01/26/2021 · Paid in Full · Loan `6304398303`
## Borrower
- **Name:** SALEM CHILD DEVELOPMENT CENTER
- **Address:** 1550 Fairgrounds Rd NE, Salem, OR, 97301-7157
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $877K
- **Initial approval:** $877K
- **Forgiven:** $884K (101%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $877K
- **Jobs reported:** 79
## Lender
- **Originating:** Bank of the Pacific
- **Servicing:** Bank of the Pacific (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*