PPP Loan information for Simco electric inc.

$49,990

Simco electric inc. was initially approved for PPP Loan of amount $49,990, the current approved amount is $49,990. The loan was approved on 02/13/2021 by The Central Bank reported 9 jobs and $49,990 was used to fund payroll.

Simco electric inc. is Existing or more than 2 years old

PPP Loan Search / UT / Salem / Simco electric inc.

SIMCO ELECTRIC INC.

Date Approved

02/13/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

SIMCO ELECTRIC INC.

Borrower Address

696 S 750 E

Borrower City

Salem

Borrower State

UT

Borrower Zip

84653-5531

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49990.00

Current Approval Amount

49990.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72790

Servicing Lender Name

Central Bank

Servicing Lender Address

75 N University Ave

Servicing Lender City

PROVO

Servicing Lender State

UT

Servicing Lender Zip

84601-4429

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salem

Project County Name

UTAH

Project State

UT

Project Zip

84653-5531

CD

UT-04

Jobs Reported

9

NAICS Code

238210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49990.00

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

Subchapter S Corporation

Originating Lender Location Id

72790

Originating Lender

Central Bank

Originating Lender City

PROVO

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50277.61

Forgiveness Date

09/20/2021

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