PPP Loan information for Scotto, inc

$55,042

Scotto, inc was initially approved for PPP Loan of amount $55,042, the current approved amount is $55,042. The loan was approved on 04/16/2020 by The Manufacturers and Traders Trust Company reported 11 jobs and $55,042 was used to fund payroll.

Scotto, inc is Existing or more than 2 years old

PPP Loan Search / NJ / Freehold / Scotto, inc

SCOTTO, INC

Date Approved

04/16/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SCOTTO, INC

Borrower Address

345 West Main Street

Borrower City

Freehold

Borrower State

NJ

Borrower Zip

07728

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55042.00

Current Approval Amount

55042.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Freehold

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07728-0001

CD

NJ-03

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5542.00

Payroll Proceed

42000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55431.06

Forgiveness Date

01/07/2021

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