# PPP loan: SCOTT MATERIALS INC
> **$153K** approved 03/12/2021 · Paid in Full · Loan `9440468505`
## Borrower
- **Name:** SCOTT MATERIALS INC
- **Address:** 4701 Old Hydes Ferry Pike, Nashville, TN, 37218
- **NAICS:** 532412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $153K
- **Initial approval:** $153K
- **Forgiven:** $153K (100%)
- **Forgiveness date:** 08/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $153K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*