PPP Loan information for Scorch inc

$56,000

Scorch inc was initially approved for PPP Loan of amount $56,000, the current approved amount is $56,000. The loan was approved on 04/15/2020 by The First National Bank of Pennsylvania reported 6 jobs and $56,000 was used to fund payroll.

Scorch inc is Existing or more than 2 years old

SCORCH INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SCORCH INC

Borrower Address

2580 LYON STATION RD

Borrower City

CREEDMOOR

Borrower State

NC

Borrower Zip

27522-7308

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56000.00

Current Approval Amount

56000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CREEDMOOR

Project County Name

GRANVILLE

Project State

NC

Project Zip

27522-7308

CD

NC-04

Jobs Reported

6

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56000.00

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

Subchapter S Corporation

Originating Lender Location Id

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56472.89

Forgiveness Date

02/25/2021

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