PPP Loan information for Simcox grinding & steel co

$245,400

Simcox grinding & steel co was initially approved for PPP Loan of amount $245,400, the current approved amount is $245,400. The loan was approved on 03/12/2021 by The Hometown Bank reported 25 jobs and $245,400 was used to fund payroll.

Simcox grinding & steel co is Existing or more than 2 years old

PPP Loan Search / OH / Kent / Simcox grinding & steel co

SIMCOX GRINDING & STEEL CO

Date Approved

03/12/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SIMCOX GRINDING & STEEL CO

Borrower Address

825 Tallmadge Rd

Borrower City

Kent

Borrower State

OH

Borrower Zip

44240-6463

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

245400.00

Current Approval Amount

245400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

86390

Servicing Lender Name

Hometown Bank

Servicing Lender Address

142 N Water St

Servicing Lender City

KENT

Servicing Lender State

OH

Servicing Lender Zip

44240-2419

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kent

Project County Name

PORTAGE

Project State

OH

Project Zip

44240-6463

CD

OH-14

Jobs Reported

25

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

245396.00

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

86390

Originating Lender

Hometown Bank

Originating Lender City

KENT

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

246892.85

Forgiveness Date

10/25/2021

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