# PPP loan: SCOTT CARS, INC
> **$1.92M** approved 04/15/2020 · Paid in Full · Loan `8238127100`
## Borrower
- **Name:** SCOTT CARS, INC
- **Address:** 3333 Lehigh St, Allentown, PA, 18103
- **NAICS:** 441110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.92M
- **Initial approval:** $1.92M
- **Forgiven:** $1.94M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.46M
- **Rent:** $246K
- **Utilities:** $40K
- **Health care:** $160K
- **Debt interest:** $12K
- **Jobs reported:** 165
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*