PPP Loan information for Simco logistics inc

$6,491,600

Simco logistics inc was initially approved for PPP Loan of amount $6,491,600, the current approved amount is $6,491,600. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 470 jobs and $6,491,600 was used to fund payroll.

Simco logistics inc is Existing or more than 2 years old

PPP Loan Search / NJ / MOORESTOWN / Simco logistics inc

SIMCO LOGISTICS INC

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SIMCO LOGISTICS INC

Borrower Address

101 COMMERCE DR

Borrower City

MOORESTOWN

Borrower State

NJ

Borrower Zip

08057-4212

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6491600.00

Current Approval Amount

6491600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOORESTOWN

Project County Name

BURLINGTON

Project State

NJ

Project Zip

08057-4212

CD

NJ-03

Jobs Reported

470

NAICS Code

424430

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

6491600.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

6567155.01

Forgiveness Date

06/16/2021

;