PPP Loan information for Scg insurance inc.

$138,700

Scg insurance inc. was initially approved for PPP Loan of amount $138,700, the current approved amount is $138,700. The loan was approved on 04/14/2020 by The Summit Community Bank, Inc. reported 22 jobs and $138,700 was used to fund payroll.

Scg insurance inc. is Existing or more than 2 years old

PPP Loan Search / WV / BECKLEY / Scg insurance inc.

SCG INSURANCE INC.

Date Approved

04/14/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

SCG INSURANCE INC.

Borrower Address

101 ELLISON AVE

Borrower City

BECKLEY

Borrower State

WV

Borrower Zip

25801-4301

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

138700.00

Current Approval Amount

138700.00

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

Y

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

25801-4301

CD

WV-01

Jobs Reported

22

NAICS Code

524210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

8700.00

Payroll Proceed

110000.00

Mortgage Interest Proceed

20000.00

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

139713.28

Forgiveness Date

01/12/2021

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