# PPP loan: SCOTCH PLYWOOD COMPANY, INC.
> **$5.75M** approved 04/13/2020 · Paid in Full · Loan `4676567105`
## Borrower
- **Name:** SCOTCH PLYWOOD COMPANY, INC.
- **Address:** 38 PO BOX, FULTON, AL, 36446-0038
- **NAICS:** 321212
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.75M
- **Initial approval:** $5.75M
- **Forgiven:** $5.83M (101%)
- **Forgiveness date:** 07/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.50M
- **Utilities:** $625K
- **Health care:** $630K
- **Jobs reported:** 426
## Lender
- **Originating:** Hancock Whitney Bank
- **Servicing:** Hancock Whitney Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*