PPP Loan information for Scientific sales inc

$511,181

Scientific sales inc was initially approved for PPP Loan of amount $520,415, the current approved amount is $511,181. The loan was approved on 05/03/2020 by The Bank of America, National Association reported 33 jobs and $511,181 was used to fund payroll.

Scientific sales inc is New Business or 2 years or less

PPP Loan Search / TN / OAK RIDGE / Scientific sales inc

SCIENTIFIC SALES INC

Date Approved

05/03/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SCIENTIFIC SALES INC

Borrower Address

130 VALLEY CT

Borrower City

OAK RIDGE

Borrower State

TN

Borrower Zip

37830-8046

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

520415.00

Current Approval Amount

511181.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

OAK RIDGE

Project County Name

ANDERSON

Project State

TN

Project Zip

37830-8046

CD

TN-03

Jobs Reported

33

NAICS Code

423490

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

511181.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515480.52

Forgiveness Date

03/10/2021

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