Scott Electric Company

$6,679,000 PPP Loan in Greensburg, Pennsylvania

Loan Details

Loan Number
5095257004
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$6,679,000
Current Approval
$6,679,000
Forgiveness Amount
$6,783,638
Forgiveness Date
Nov 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scott Electric Company
Address
1000 S Main St
ZIP Code
15601-4868
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423610)
Business Age
Existing or more than 2 years old
Jobs Reported
360
Estimated Revenue
$110.3M
Rural/Urban
Urban
Congressional District
PA-14

Loan Use Breakdown

Payroll
$5,009,250
Rent
$1,669,750

Lender Information

Servicing Lender
First National Bank of Pennsylvania
Originating Lender
First National Bank of Pennsylvania

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