# PPP loan: SCOTLAND MOTORS INC
> **$166K** approved 04/27/2020 · Paid in Full · Loan `3890797209`
## Borrower
- **Name:** SCOTLAND MOTORS INC
- **Address:** 1609 South MAIN ST, LAURINBURG, NC, 28352-5405
- **NAICS:** 441120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 12/31/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Utilities:** $166K
- **Jobs reported:** 20
## Lender
- **Originating:** First Capital Bank
- **Servicing:** First Capital Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*