PPP Loan information for Scap motors, inc.

$1,242,300

Scap motors, inc. was initially approved for PPP Loan of amount $1,242,300, the current approved amount is $1,242,300. The loan was approved on 04/06/2020 by The Fairfield County Bank reported 90 jobs and $1,242,300 was used to fund payroll.

Scap motors, inc. is Existing or more than 2 years old

PPP Loan Search / CT / FAIRFIELD / Scap motors, inc.

SCAP MOTORS, INC.

Date Approved

04/06/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SCAP MOTORS, INC.

Borrower Address

421 TUNXIS HILL RD

Borrower City

FAIRFIELD

Borrower State

CT

Borrower Zip

06825-4413

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1242300.00

Current Approval Amount

1242300.00

Undisbursed Amount

0.00

Franchise Name

Mitsubishi Motors Dealer Agreement

Servicing Lender Location Id

16447

Servicing Lender Name

Fairfield County Bank

Servicing Lender Address

150 Danbury Rd

Servicing Lender City

RIDGEFIELD

Servicing Lender State

CT

Servicing Lender Zip

06877-3229

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06825-4413

CD

CT-04

Jobs Reported

90

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62115.00

Payroll Proceed

993840.00

Mortgage Interest Proceed

0.00

Rent Proceed

186345.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

16447

Originating Lender

Fairfield County Bank

Originating Lender City

RIDGEFIELD

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1251761.90

Forgiveness Date

01/20/2021

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