PPP Loan information for Scruggs concrete company

$1,275,819

Scruggs concrete company was initially approved for PPP Loan of amount $1,275,819, the current approved amount is $1,275,819. The loan was approved on 04/13/2020 by The Commercial Banking Company reported 115 jobs and $1,275,819 was used to fund payroll.

Scruggs concrete company is Existing or more than 2 years old

SCRUGGS CONCRETE COMPANY

Date Approved

04/13/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SCRUGGS CONCRETE COMPANY

Borrower Address

807 RIVER STREET

Borrower City

VALDOSTA

Borrower State

GA

Borrower Zip

31601-3705

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1275819.00

Current Approval Amount

1275819.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120813

Servicing Lender Name

Commercial Banking Company

Servicing Lender Address

3462 N Valdosta Rd

Servicing Lender City

VALDOSTA

Servicing Lender State

GA

Servicing Lender Zip

31602-1097

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VALDOSTA

Project County Name

LOWNDES

Project State

GA

Project Zip

31601-3705

CD

GA-08

Jobs Reported

115

NAICS Code

327331

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1275819.00

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

Corporation

Originating Lender Location Id

120813

Originating Lender

Commercial Banking Company

Originating Lender City

VALDOSTA

Originating Lender State

GA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1290429.75

Forgiveness Date

06/16/2021

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