PPP Loan information for Scma, inc

$89,321

Scma, inc was initially approved for PPP Loan of amount $89,321, the current approved amount is $89,321. The loan was approved on 04/11/2020 by The Cambridge State Bank reported 9 jobs and $89,321 was used to fund payroll.

Scma, inc is Existing or more than 2 years old

SCMA, INC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SCMA, INC

Borrower Address

354 Adams St S

Borrower City

Cambridge

Borrower State

MN

Borrower Zip

55008-1607

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89321.00

Current Approval Amount

89321.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36703

Servicing Lender Name

Cambridge State Bank

Servicing Lender Address

127 S Main St

Servicing Lender City

CAMBRIDGE

Servicing Lender State

MN

Servicing Lender Zip

55008-1535

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Cambridge

Project County Name

ISANTI

Project State

MN

Project Zip

55008-1607

CD

MN-08

Jobs Reported

9

NAICS Code

332323

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4286.00

Payroll Proceed

59487.00

Mortgage Interest Proceed

0.00

Rent Proceed

11105.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

4443

Business Type

Corporation

Originating Lender Location Id

36703

Originating Lender

Cambridge State Bank

Originating Lender City

CAMBRIDGE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

80843.09

Forgiveness Date

12/08/2020

;