# PPP loan: SCOTT GORMLEY INC
> **$529K** approved 02/26/2021 · Paid in Full · Loan `4502398501`
## Borrower
- **Name:** SCOTT GORMLEY INC
- **Address:** 4371 Torrey Rd, Flint, MI, 48507-3402
- **NAICS:** 238220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $534K (101%)
- **Forgiveness date:** 03/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $529K
- **Jobs reported:** 51
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*