PPP Loan information for Scholar craft products inc

$2,092,522

Scholar craft products inc was initially approved for PPP Loan of amount $2,092,522, the current approved amount is $2,092,522. The loan was approved on 04/07/2020 by The Valley National Bank reported 270 jobs and $2,092,522 was used to fund payroll.

Scholar craft products inc is Existing or more than 2 years old

SCHOLAR CRAFT PRODUCTS INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SCHOLAR CRAFT PRODUCTS INC

Borrower Address

1 Scholar Craft Pkwy

Borrower City

BIRMINGHAM

Borrower State

AL

Borrower Zip

35201

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2092522.00

Current Approval Amount

2092522.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BIRMINGHAM

Project County Name

JEFFERSON

Project State

AL

Project Zip

35201-0001

CD

AL-07

Jobs Reported

270

NAICS Code

337127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2092522.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

2121119.80

Forgiveness Date

08/20/2021

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