Date Approved
04/09/2020
SBA Office Code
0515
Processing Method
PPP
Borrower Name
SIMERSON, INC.
Borrower Address
6088 CARO RD
Borrower City
VASSAR
Borrower State
MI
Borrower Zip
48768-9758
Loan Status Date
02/20/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
22767.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
98960
Servicing Lender Name
Frankenmuth CU
Servicing Lender Address
580 N Main St
Servicing Lender City
FRANKENMUTH
Servicing Lender State
Servicing Lender Zip
48734-1118
Rural Urban Indicator
R
Hubzone Indicator
Y
HLMI Indicator
N
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
TUSCOLA
Project State
Project Zip
CD
MI-05
Jobs Reported
10
NAICS Code
722410
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2100.00
Payroll Proceed
18215.00
Mortgage Interest Proceed
1431.00
Rent Proceed
805.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
216
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
22935.41
Forgiveness Date
01/25/2021