PPP Loan information for Scotchman industries, inc.

$564,767

Scotchman industries, inc. was initially approved for PPP Loan of amount $564,767, the current approved amount is $564,767. The loan was approved on 04/06/2020 by The First National Bank in Philip reported 63 jobs and $564,767 was used to fund payroll.

Scotchman industries, inc. is Existing or more than 2 years old

PPP Loan Search / SD / PHILIP / Scotchman industries, inc.

SCOTCHMAN INDUSTRIES, INC.

Date Approved

04/06/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

SCOTCHMAN INDUSTRIES, INC.

Borrower Address

180 E US HWY 14

Borrower City

PHILIP

Borrower State

SD

Borrower Zip

57567-0850

Loan Status Date

01/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

564767.00

Current Approval Amount

564767.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66557

Servicing Lender Name

First National Bank in Philip

Servicing Lender Address

103 E Oak St

Servicing Lender City

PHILIP

Servicing Lender State

SD

Servicing Lender Zip

57567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHILIP

Project County Name

HAAKON

Project State

SD

Project Zip

57567-0001

CD

SD-

Jobs Reported

63

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

564767.00

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

66557

Originating Lender

First National Bank in Philip

Originating Lender City

PHILIP

Originating Lender State

SD

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

568650.74

Forgiveness Date

12/15/2020

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