PPP Loan information for Jerome simmons

$27,000

Jerome simmons was initially approved for PPP Loan of amount $27,000, the current approved amount is $27,000. The loan was approved on 03/06/2021 by The Ultima Bank Minnesota reported 3 jobs and $27,000 was used to fund payroll.

Jerome simmons is Existing or more than 2 years old

JEROME SIMMONS

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPP

Borrower Name

JEROME SIMMONS

Borrower Address

209 Washington Ave

Borrower City

Crookston

Borrower State

MN

Borrower Zip

56716-2053

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

27000.00

Current Approval Amount

27000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39047

Servicing Lender Name

Ultima Bank Minnesota

Servicing Lender Address

9 W Minnesota Ave

Servicing Lender City

WINGER

Servicing Lender State

MN

Servicing Lender Zip

56592

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crookston

Project County Name

POLK

Project State

MN

Project Zip

56716-2053

CD

MN-07

Jobs Reported

3

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

26997.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

39047

Originating Lender

Ultima Bank Minnesota

Originating Lender City

WINGER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27071.01

Forgiveness Date

06/15/2021

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