PPP Loan information for Scallons inc

$8,600

Scallons inc was initially approved for PPP Loan of amount $8,600, the current approved amount is $8,600. The loan was approved on 04/08/2020 by The Peoples Savings Bank reported 2 jobs and $8,600 was used to fund payroll.

Scallons inc is Existing or more than 2 years old

SCALLONS INC

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SCALLONS INC

Borrower Address

620 MAIN ST

Borrower City

ACKLEY

Borrower State

IA

Borrower Zip

50601-1438

Loan Status Date

04/12/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8600.00

Current Approval Amount

8600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25575

Servicing Lender Name

Peoples Savings Bank

Servicing Lender Address

414 N Adams St

Servicing Lender City

WELLSBURG

Servicing Lender State

IA

Servicing Lender Zip

50680

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ACKLEY

Project County Name

HARDIN

Project State

IA

Project Zip

50601-1438

CD

IA-02

Jobs Reported

2

NAICS Code

722410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

6600.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25575

Originating Lender

Peoples Savings Bank

Originating Lender City

WELLSBURG

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8692.36

Forgiveness Date

05/11/2021

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