As part of the Paycheck Protection Program SALEM ACADEMY AND COLLEGE was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SALEM ACADEMY AND COLLEGE


Loan Amount	$2,251,652
BusinessName	SALEM ACADEMY AND COLLEGE
Address	601 S CHURCH ST
City	WINSTON SALEM
State	NC
Zip	27101
NAICSCode	611310
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	345
DateApproved	04/28/2020
Lender	Triad Business Bank
CD	NC-05
BusinessName.clean	SALEM ACADEMY AND COLLEGE

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

SALEM ACQUISITION I
SALEM ALLIANCE CHURCH
SALEM CHRISTIAN HOMES
SALEM COMMUNITY
SALEM COUNTY HOSPITAL CORP