PPP Loan information for Simco, llc

$154,500

Simco, llc was initially approved for PPP Loan of amount $154,500, the current approved amount is $154,500. The loan was approved on 04/28/2020 by The Magnolia State Bank reported 25 jobs and $154,500 was used to fund payroll.

Simco, llc is Existing or more than 2 years old

SIMCO, LLC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SIMCO, LLC

Borrower Address

97 Crepe Myrtle Lane

Borrower City

LAUREL

Borrower State

MS

Borrower Zip

39443

Loan Status Date

06/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

154500.00

Current Approval Amount

154500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39096

Servicing Lender Name

Magnolia State Bank

Servicing Lender Address

28 Hwy 528

Servicing Lender City

BAY SPRINGS

Servicing Lender State

MS

Servicing Lender Zip

39422-4821

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAUREL

Project County Name

JONES

Project State

MS

Project Zip

39443-0400

CD

MS-04

Jobs Reported

25

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

154500.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

39096

Originating Lender

Magnolia State Bank

Originating Lender City

BAY SPRINGS

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

156388.33

Forgiveness Date

07/22/2021

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