PPP Loan information for Scruggs equipment company, inc.

$62,125

Scruggs equipment company, inc. was initially approved for PPP Loan of amount $61,800, the current approved amount is $62,125. The loan was approved on 05/21/2020 by The Truist Bank reported 5 jobs and $62,125 was used to fund payroll.

Scruggs equipment company, inc. is Existing or more than 2 years old

PPP Loan Search / SC / Lancaster / Scruggs equipment company, inc.

SCRUGGS EQUIPMENT COMPANY, INC.

Date Approved

05/21/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

SCRUGGS EQUIPMENT COMPANY, INC.

Borrower Address

P.O. Box 1599

Borrower City

Lancaster

Borrower State

SC

Borrower Zip

29721

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61800.00

Current Approval Amount

62125.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Lancaster

Project County Name

LANCASTER

Project State

SC

Project Zip

29721-0001

CD

SC-05

Jobs Reported

5

NAICS Code

333111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62125.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

62663.42

Forgiveness Date

04/06/2021

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