# PPP loan: SCOTLAND TRANSPORTATION, LLC
> **$281K** approved 04/08/2020 · Paid in Full · Loan `7962517008`
## Borrower
- **Name:** SCOTLAND TRANSPORTATION, LLC
- **Address:** 114 GRANT AVE, ALMA, MI, 48801-2219
- **NAICS:** 486910
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $281K
- **Initial approval:** $281K
- **Forgiven:** $282K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $270K
- **Health care:** $11K
- **Jobs reported:** 23
## Lender
- **Originating:** Mercantile Bank
- **Servicing:** Mercantile Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*