PPP Loan information for Scott electric company

$6,679,000

Scott electric company was initially approved for PPP Loan of amount $6,679,000, the current approved amount is $6,679,000. The loan was approved on 04/05/2020 by The First National Bank of Pennsylvania reported 360 jobs and $6,679,000 was used to fund payroll.

Scott electric company is Existing or more than 2 years old

PPP Loan Search / PA / GREENSBURG / Scott electric company

SCOTT ELECTRIC COMPANY

Date Approved

04/05/2020

SBA Office Code

0358

Processing Method

PPP

Borrower Name

SCOTT ELECTRIC COMPANY

Borrower Address

1000 S MAIN ST

Borrower City

GREENSBURG

Borrower State

PA

Borrower Zip

15601-4868

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6679000.00

Current Approval Amount

6679000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GREENSBURG

Project County Name

WESTMORELAND

Project State

PA

Project Zip

15601-4868

CD

PA-14

Jobs Reported

360

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

5009250.00

Mortgage Interest Proceed

0.00

Rent Proceed

1669750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6783637.67

Forgiveness Date

11/12/2021

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