PPP Loan information for Scotch industries, inc

$313,357

Scotch industries, inc was initially approved for PPP Loan of amount $313,357, the current approved amount is $313,357. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 61 jobs and $313,357 was used to fund payroll.

Scotch industries, inc is Existing or more than 2 years old

PPP Loan Search / KS / LAWRENCE / Scotch industries, inc

SCOTCH INDUSTRIES, INC

Date Approved

04/14/2020

SBA Office Code

0709

Processing Method

PPP

Borrower Name

SCOTCH INDUSTRIES, INC

Borrower Address

1029 NEW ST

Borrower City

LAWRENCE

Borrower State

KS

Borrower Zip

66044

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

313357.00

Current Approval Amount

313357.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LAWRENCE

Project County Name

DOUGLAS

Project State

KS

Project Zip

66044-0001

CD

KS-01

Jobs Reported

61

NAICS Code

812320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

313357.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

317613.43

Forgiveness Date

08/19/2021

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