# PPP loan: SCOSCHE INDUSTRIES, INC.
> **$2.20M** approved 04/07/2020 · Paid in Full · Loan `6927067004`
## Borrower
- **Name:** SCOSCHE INDUSTRIES, INC.
- **Address:** 1550 PACIFIC AVE, OXNARD, CA, 93033-2451
- **NAICS:** 334310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.20M
- **Initial approval:** $2.20M
- **Forgiven:** $2.22M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.87M
- **Rent:** $220K
- **Utilities:** $110K
- **Jobs reported:** 151
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*