# PPP loan: SCOTSMAN'S AUTO BODY III INC.
> **$199K** approved 03/05/2021 · Paid in Full · Loan `7154178501`
## Borrower
- **Name:** SCOTSMAN'S AUTO BODY III INC.
- **Address:** 55 Hempstead Tpke, Farmingdale, NY, 11735-2032
- **NAICS:** 811121
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 07/21/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*