PPP Loan information for Scott electronics, inc.

$933,800

Scott electronics, inc. was initially approved for PPP Loan of amount $964,600, the current approved amount is $933,800. The loan was approved on 04/28/2020 by The Salem Five Cents Savings Bank reported 130 jobs and $933,800 was used to fund payroll.

Scott electronics, inc. is Existing or more than 2 years old

PPP Loan Search / NH / SALEM / Scott electronics, inc.

SCOTT ELECTRONICS, INC.

Date Approved

04/28/2020

SBA Office Code

0189

Processing Method

PPP

Borrower Name

SCOTT ELECTRONICS, INC.

Borrower Address

5 Industrial Way, Suite 2D

Borrower City

SALEM

Borrower State

NH

Borrower Zip

03079-4886

Loan Status Date

03/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

964600.00

Current Approval Amount

933800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33304

Servicing Lender Name

Salem Five Cents Savings Bank

Servicing Lender Address

210 Essex St

Servicing Lender City

SALEM

Servicing Lender State

MA

Servicing Lender Zip

01970-3705

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

ROCKINGHAM

Project State

NH

Project Zip

03079-4886

CD

NH-02

Jobs Reported

130

NAICS Code

811211

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

933800.00

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

33304

Originating Lender

Salem Five Cents Savings Bank

Originating Lender City

SALEM

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

941503.85

Forgiveness Date

02/23/2021

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