# PPP loan: SCOTT MACHINE, INC.
> **$817K** approved 04/15/2020 · Paid in Full · Loan `1613067205`
## Borrower
- **Name:** SCOTT MACHINE, INC.
- **Address:** 4025 MORRILL RD, JACKSON, MI, 49201-7013
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $817K
- **Initial approval:** $817K
- **Forgiven:** $822K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $654K
- **Mortgage interest:** $123K
- **Utilities:** $41K
- **Jobs reported:** 58
## Lender
- **Originating:** County National Bank
- **Servicing:** County National Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*