Scaffidi Motors, Inc.

$1,610,000 PPP Loan in Stevens Point, Wisconsin

Loan Details

Loan Number
2094777110
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$1,610,000
Current Approval
$1,610,000
Forgiveness Amount
$1,625,778
Forgiveness Date
Apr 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scaffidi Motors, Inc.
Address
3733 Stanley Street 0.0
ZIP Code
54481-0048
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
142
Estimated Revenue
$35.8M
Rural/Urban
Rural
Congressional District
WI-03

Loan Use Breakdown

Payroll
$1,200,000
Rent
$134,000
Utilities
$26,000
Health Care
$170,000
Debt Interest
$80,000

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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