PPP Loan information for Scotland transportation, llc

$280,779

Scotland transportation, llc was initially approved for PPP Loan of amount $280,779, the current approved amount is $280,779. The loan was approved on 04/08/2020 by The Mercantile Bank reported 23 jobs and $280,779 was used to fund payroll.

Scotland transportation, llc is Existing or more than 2 years old

SCOTLAND TRANSPORTATION, LLC

Date Approved

04/08/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SCOTLAND TRANSPORTATION, LLC

Borrower Address

114 GRANT AVE

Borrower City

ALMA

Borrower State

MI

Borrower Zip

48801-2219

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

280779.00

Current Approval Amount

280779.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALMA

Project County Name

GRATIOT

Project State

MI

Project Zip

48801-2219

CD

MI-02

Jobs Reported

23

NAICS Code

486910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

269779.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

11000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

282471.37

Forgiveness Date

11/23/2020

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