PPP Loan information for Scg insurance inc

$142,200

Scg insurance inc was initially approved for PPP Loan of amount $142,200, the current approved amount is $142,200. The loan was approved on 02/04/2021 by The Summit Community Bank, Inc. reported 23 jobs and $142,200 was used to fund payroll.

Scg insurance inc is Existing or more than 2 years old

SCG INSURANCE INC

Date Approved

02/04/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

SCG INSURANCE INC

Borrower Address

664 Cleveland School Rd

Borrower City

Beckley

Borrower State

WV

Borrower Zip

25801-8972

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

142200.00

Current Approval Amount

142200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119785

Servicing Lender Name

Summit Community Bank, Inc.

Servicing Lender Address

310 N Main St

Servicing Lender City

MOOREFIELD

Servicing Lender State

WV

Servicing Lender Zip

26836-1055

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Beckley

Project County Name

RALEIGH

Project State

WV

Project Zip

25801-8972

CD

WV-01

Jobs Reported

23

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142200.00

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

119785

Originating Lender

Summit Community Bank, Inc.

Originating Lender City

MOOREFIELD

Originating Lender State

WV

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142974.20

Forgiveness Date

08/24/2021

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