# PPP loan: D.E. SCORPIO CORPORATION
> **$645K** approved 04/08/2020 · Paid in Full · Loan `8329867007`
## Borrower
- **Name:** D.E. SCORPIO CORPORATION
- **Address:** 3911 W. Newberry Rd, GAINESVILLE, FL, 32607-2355
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $645K
- **Initial approval:** $645K
- **Forgiven:** $650K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $516K
- **Mortgage interest:** $53K
- **Utilities:** $23K
- **Debt interest:** $53K
- **Jobs reported:** 38
## Lender
- **Originating:** Seacoast National Bank
- **Servicing:** Seacoast National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*