PPP Loan information for Scotch homes & land development group, inc

$49,612

Scotch homes & land development group, inc was initially approved for PPP Loan of amount $49,612, the current approved amount is $49,612. The loan was approved on 04/08/2020 by The United Community Bank reported 5 jobs and $49,612 was used to fund payroll.

Scotch homes & land development group, inc is Existing or more than 2 years old

PPP Loan Search / AL / CHELSEA / Scotch homes & land development group, inc

SCOTCH HOMES & LAND DEVELOPMENT GROUP, INC

Date Approved

04/08/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SCOTCH HOMES & LAND DEVELOPMENT GROUP, INC

Borrower Address

145 Willow Branch Lane

Borrower City

CHELSEA

Borrower State

AL

Borrower Zip

35043-4300

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49612.00

Current Approval Amount

49612.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHELSEA

Project County Name

SHELBY

Project State

AL

Project Zip

35043-4300

CD

AL-06

Jobs Reported

5

NAICS Code

236115

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49612.00

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

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

50218.37

Forgiveness Date

06/30/2021

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