PPP Loan information for Scarc, inc

$2,177,173

Scarc, inc was initially approved for PPP Loan of amount $2,177,173, the current approved amount is $2,177,173. The loan was approved on 04/29/2020 by The Lakeland Bank reported 246 jobs and $2,177,173 was used to fund payroll.

Scarc, inc is Existing or more than 2 years old

PPP Loan Search / NJ / WASHINGTON / Scarc, inc

SCARC, INC

Date Approved

04/29/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCARC, INC

Borrower Address

11 route 206 suite 100

Borrower City

WASHINGTON

Borrower State

NJ

Borrower Zip

07882

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2177173.32

Current Approval Amount

2177173.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45621

Servicing Lender Name

Lakeland Bank

Servicing Lender Address

2717 Rte 23 South

Servicing Lender City

NEWFOUNDLAND

Servicing Lender State

NJ

Servicing Lender Zip

07435-1441

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WASHINGTON

Project County Name

WARREN

Project State

NJ

Project Zip

07882-0001

CD

NJ-07

Jobs Reported

246

NAICS Code

813319

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2177173.32

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

Non-Profit Organization

Originating Lender Location Id

45621

Originating Lender

Lakeland Bank

Originating Lender City

NEWFOUNDLAND

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2202331.77

Forgiveness Date

07/08/2021

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