# PPP loan: SCBT CORPORATION
> **$265K** approved 04/04/2020 · Paid in Full · Loan `4869707008`
## Borrower
- **Name:** SCBT CORPORATION
- **Address:** 1840 TUCKERTON RD, READING, PA, 19605-1136
- **NAICS:** 493110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $328K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 38
## Lender
- **Originating:** First Commonwealth Bank
- **Servicing:** First Commonwealth Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*