# PPP loan: SC HOMES, INC
> **$455K** approved 05/01/2020 · Charged Off · Loan `5023997701`
## Borrower
- **Name:** SC HOMES, INC
- **Address:** 3050 PULLMAN ST, COSTA MESA, CA, 92626-5901
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $455K
- **Initial approval:** $455K
- **Forgiven:** $57K (12%)
- **Forgiveness date:** 02/28/2023
- **Status:** Charged Off
- **Term:** 11 months
## Use of funds
- **Payroll:** $455K
- **Jobs reported:** 8
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*