# PPP loan: SCEPTER INC.
> **$2.00M** approved 01/27/2021 · Paid in Full · Loan `7042178300`
## Borrower
- **Name:** SCEPTER INC.
- **Address:** 1485 Scepter Ln, Waverly, TN, 37185-3289
- **NAICS:** 331314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.01M (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $2.00M
- **Jobs reported:** 291
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*