PPP Loan information for Scruggs construction inc

$56,098

Scruggs construction inc was initially approved for PPP Loan of amount $56,098, the current approved amount is $56,098. The loan was approved on 03/18/2021 by The German American Bank reported 13 jobs and $56,098 was used to fund payroll.

Scruggs construction inc is Existing or more than 2 years old

SCRUGGS CONSTRUCTION INC

Date Approved

03/18/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SCRUGGS CONSTRUCTION INC

Borrower Address

110 S Chestnut St

Borrower City

Seymour

Borrower State

IN

Borrower Zip

47274-2302

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

56098.22

Current Approval Amount

56098.22

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seymour

Project County Name

JACKSON

Project State

IN

Project Zip

47274-2302

CD

IN-09

Jobs Reported

13

NAICS Code

238110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

56095.22

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

56399.46

Forgiveness Date

10/06/2021

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