# PPP loan: SALEM CHILD DEVELOPMENT CENTER INC
> **$736K** approved 04/07/2020 · Paid in Full · Loan `7030857005`
## Borrower
- **Name:** SALEM CHILD DEVELOPMENT CENTER INC
- **Address:** 1550 FAIRGROUND 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:** $736K
- **Initial approval:** $877K
- **Forgiven:** $741K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $736K
- **Jobs reported:** 144
## 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*