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 06/29/2020 by The German American Bank reported 9 jobs and $56,098 was used to fund payroll.

Scruggs construction inc is New Business or 2 years or less

SCRUGGS CONSTRUCTION INC

Date Approved

06/29/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SCRUGGS CONSTRUCTION INC

Borrower Address

6550 West US HWY 50

Borrower City

North Vernon

Borrower State

IN

Borrower Zip

47265

Loan Status Date

07/07/2021

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

North Vernon

Project County Name

JENNINGS

Project State

IN

Project Zip

47265-0001

CD

IN-09

Jobs Reported

9

NAICS Code

237310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

56098.22

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

56626.93

Forgiveness Date

06/10/2021

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