# PPP loan: SCGM INC
> **$351K** approved 04/15/2020 · Exemption 4 · Loan `9560507110`
## Borrower
- **Name:** SCGM INC
- **Address:** 1650 HIGHWAY 6 Suite 170, SUGAR LAND, TX, 77478-4957
- **NAICS:** 711110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $351K
- **Initial approval:** $351K
- **Forgiven:** $223K (63%)
- **Forgiveness date:** 06/15/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $351K
- **Jobs reported:** 125
## Lender
- **Originating:** Stellar Bank
- **Servicing:** Stellar Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*