Scott Equipment Co

$1,995,000 PPP Loan in New Prague, Minnesota

Loan Details

Loan Number
8740867105
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$1,995,000
Current Approval
$1,995,000
Forgiveness Amount
$2,021,290
Forgiveness Date
Aug 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Scott Equipment Co
Address
605 4th Ave NW
ZIP Code
56071-1121
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
103
Estimated Revenue
$27.0M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$1,995,000

Lender Information

Servicing Lender
Vibrant Credit Union
Originating Lender
Vibrant Credit Union

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