Date Approved
01/23/2021
SBA Office Code
0464
Processing Method
PPS
Borrower Name
MICHAEL M. SIMPSON & ASSOC. INC.
Borrower Address
30 Patewood Dr Ste 100
Borrower City
Greenville
Borrower State
SC
Borrower Zip
29615-6811
Loan Status Date
08/20/2021
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
210282.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
66363
Servicing Lender Name
Bank of Travelers Rest
Servicing Lender Address
42 Plaza Dr
Servicing Lender City
TRAVELERS REST
Servicing Lender State
Servicing Lender Zip
29690-1688
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
GREENVILLE
Project State
Project Zip
CD
SC-04
Jobs Reported
12
NAICS Code
541330
Race
Black or African American
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
210280.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
211370.86
Forgiveness Date
08/09/2021