# PPP loan: SCARC, INC
> **$2.18M** approved 04/29/2020 · Paid in Full · Loan `3576987307`
## Borrower
- **Name:** SCARC, INC
- **Address:** 11 route 206 suite 100, WASHINGTON, NJ, 07882
- **NAICS:** 813319
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.18M
- **Initial approval:** $2.18M
- **Forgiven:** $2.20M (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.18M
- **Jobs reported:** 246
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*