PPP Loan information for Marcus simmons

$20,833

Marcus simmons was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 02/02/2021 by The Farmers Trust and Savings Bank reported 1 jobs and $20,833 was used to fund payroll.

Marcus simmons is Existing or more than 2 years old

MARCUS SIMMONS

Date Approved

02/02/2021

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MARCUS SIMMONS

Borrower Address

3860 225th Ave

Borrower City

Spencer

Borrower State

IA

Borrower Zip

51301-7551

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.32

Current Approval Amount

20833.32

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25490

Servicing Lender Name

Farmers Trust and Savings Bank

Servicing Lender Address

125 W 4th St

Servicing Lender City

Spencer

Servicing Lender State

IA

Servicing Lender Zip

51301-3815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Spencer

Project County Name

CLAY

Project State

IA

Project Zip

51301-7551

CD

IA-04

Jobs Reported

1

NAICS Code

111110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20829.32

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

25490

Originating Lender

Farmers Trust and Savings Bank

Originating Lender City

Spencer

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20907.39

Forgiveness Date

06/14/2021

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