PPP Loan information for Scottland construction

$85,000

Scottland construction was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 02/08/2021 by The MBE Capital Partners reported 5 jobs and $85,000 was used to fund payroll.

Scottland construction is Existing or more than 2 years old

SCOTTLAND CONSTRUCTION

Date Approved

02/08/2021

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SCOTTLAND CONSTRUCTION

Borrower Address

3417 Laurel Ln

Borrower City

Hazel Crest

Borrower State

IL

Borrower Zip

60429-1010

Loan Status Date

12/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529431

Servicing Lender Name

MBE Capital Partners

Servicing Lender Address

1 Bridge Plaza N. # 550

Servicing Lender City

Fort Lee

Servicing Lender State

NJ

Servicing Lender Zip

07024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hazel Crest

Project County Name

COOK

Project State

IL

Project Zip

60429-1010

CD

IL-02

Jobs Reported

5

NAICS Code

236116

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85000.00

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

529431

Originating Lender

MBE Capital Partners

Originating Lender City

Fort Lee

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

85658.75

Forgiveness Date

11/16/2021

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