# PPP loan: THEODORE SCOTT INC.
> **$167K** approved 01/27/2021 · Paid in Full · Loan `6910098307`
## Borrower
- **Name:** THEODORE SCOTT INC.
- **Address:** 900 Kemp Rd W, Greensboro, NC, 27410-4516
- **NAICS:** 541611
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $167K
- **Initial approval:** $167K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $167K
- **Jobs reported:** 32
## Lender
- **Originating:** First-Citizens Bank & Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*