PPP Loan information for Sim supply inc

$173,425

Sim supply inc was initially approved for PPP Loan of amount $173,425, the current approved amount is $173,425. The loan was approved on 04/07/2020 by The Security State Bank of Hibbing reported 16 jobs and $173,425 was used to fund payroll.

Sim supply inc is Existing or more than 2 years old

SIM SUPPLY INC

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIM SUPPLY INC

Borrower Address

1001 7TH AVE E

Borrower City

HIBBING

Borrower State

MN

Borrower Zip

55746-1405

Loan Status Date

04/30/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

173425.00

Current Approval Amount

173425.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38238

Servicing Lender Name

Security State Bank of Hibbing

Servicing Lender Address

701 E Howard St

Servicing Lender City

HIBBING

Servicing Lender State

MN

Servicing Lender Zip

55746-1717

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIBBING

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55746-1405

CD

MN-08

Jobs Reported

16

NAICS Code

423840

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173425.00

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

Corporation

Originating Lender Location Id

38238

Originating Lender

Security State Bank of Hibbing

Originating Lender City

HIBBING

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

174897.92

Forgiveness Date

03/08/2021

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