# PPP loan: SCM ASSOCIATES
> **$381K** approved 04/29/2020 · Paid in Full · Loan `2570217304`
## Borrower
- **Name:** SCM ASSOCIATES
- **Address:** 2700 dawson avenue, SIGNAL HILL, CA, 90755
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Jobs reported:** 29
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*