PPP Loan information for Simcoe wood products, inc

$510,000

Simcoe wood products, inc was initially approved for PPP Loan of amount $510,000, the current approved amount is $510,000. The loan was approved on 04/07/2020 by The Traditions Bank reported 64 jobs and $510,000 was used to fund payroll.

Simcoe wood products, inc is Existing or more than 2 years old

SIMCOE WOOD PRODUCTS, INC

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SIMCOE WOOD PRODUCTS, INC

Borrower Address

3730 Alabama Hwy 69 North

Borrower City

CULLMAN

Borrower State

AL

Borrower Zip

35058-0782

Loan Status Date

12/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

510000.00

Current Approval Amount

510000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

328816

Servicing Lender Name

Traditions Bank

Servicing Lender Address

109 2nd Ave NW

Servicing Lender City

CULLMAN

Servicing Lender State

AL

Servicing Lender Zip

35055-3426

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CULLMAN

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0782

CD

AL-04

Jobs Reported

64

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

507500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

328816

Originating Lender

Traditions Bank

Originating Lender City

CULLMAN

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

513201.67

Forgiveness Date

11/27/2020

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