PPP Loan information for Scorpion protective coatings inc

$225,643

Scorpion protective coatings inc was initially approved for PPP Loan of amount $225,643, the current approved amount is $225,643. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 16 jobs and $225,643 was used to fund payroll.

Scorpion protective coatings inc is New Business or 2 years or less

SCORPION PROTECTIVE COATINGS INC

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCORPION PROTECTIVE COATINGS INC

Borrower Address

6184 S US HIGHWAY 231

Borrower City

CLOVERDALE

Borrower State

IN

Borrower Zip

46120-9636

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

225643.00

Current Approval Amount

225643.00

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

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

CLOVERDALE

Project County Name

PUTNAM

Project State

IN

Project Zip

46120-9636

CD

IN-04

Jobs Reported

16

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

225643.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226959.77

Forgiveness Date

12/04/2020

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