PPP Loan information for Simis, inc.

$1,063,735

Simis, inc. was initially approved for PPP Loan of amount $1,063,735, the current approved amount is $1,063,735. The loan was approved on 04/10/2020 by The VCC Bank reported 73 jobs and $1,063,735 was used to fund payroll.

Simis, inc. is Existing or more than 2 years old

SIMIS, INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SIMIS, INC.

Borrower Address

1040 UNIVERSITY BLVD Suite 300

Borrower City

PORTSMOUTH

Borrower State

VA

Borrower Zip

23703-2649

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1063735.00

Current Approval Amount

1063735.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

457934

Servicing Lender Name

VCC Bank

Servicing Lender Address

7814 Carousel Ln, Ste 100

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23294-4212

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTSMOUTH

Project County Name

PORTSMOUTH CITY

Project State

VA

Project Zip

23703-2649

CD

VA-03

Jobs Reported

73

NAICS Code

541990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1034735.00

Mortgage Interest Proceed

0.00

Rent Proceed

29000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1070379.70

Forgiveness Date

12/02/2020

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