PPP Loan information for Scotland motors inc

$166,300

Scotland motors inc was initially approved for PPP Loan of amount $166,300, the current approved amount is $166,300. The loan was approved on 04/27/2020 by The First Capital Bank reported 20 jobs and $166,300 was used to fund payroll.

Scotland motors inc is Existing or more than 2 years old

PPP Loan Search / NC / LAURINBURG / Scotland motors inc

SCOTLAND MOTORS INC

Date Approved

04/27/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCOTLAND MOTORS INC

Borrower Address

1609 South MAIN ST

Borrower City

LAURINBURG

Borrower State

NC

Borrower Zip

28352-5405

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

166300.00

Current Approval Amount

166300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123953

Servicing Lender Name

First Capital Bank

Servicing Lender Address

909 S Main St

Servicing Lender City

Laurinburg

Servicing Lender State

NC

Servicing Lender Zip

28352

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAURINBURG

Project County Name

SCOTLAND

Project State

NC

Project Zip

28352-5405

CD

NC-09

Jobs Reported

20

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

166300.00

Payroll Proceed

0.00

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

123953

Originating Lender

First Capital Bank

Originating Lender City

Laurinburg

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

167408.67

Forgiveness Date

12/31/2020

;