# PPP loan: SCANDIC BUILDERS INC.
> **$226K** approved 02/23/2021 · Paid in Full · Loan `3117518510`
## Borrower
- **Name:** SCANDIC BUILDERS INC.
- **Address:** 55 S Finley Ave, Basking Ridge, NJ, 07920-1420
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $226K
- **Initial approval:** $226K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 02/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $226K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** Loan Source Incorporated (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*