PPP Loan information for Simis inc

$1,162,593

Simis inc was initially approved for PPP Loan of amount $1,162,593, the current approved amount is $1,162,593. The loan was approved on 02/25/2021 by The VCC Bank reported 60 jobs and $1,162,593 was used to fund payroll.

Simis inc is Existing or more than 2 years old

PPP Loan Search / VA / Portsmouth / Simis inc

SIMIS INC

Date Approved

02/25/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SIMIS INC

Borrower Address

1040 University Blvd

Borrower City

Portsmouth

Borrower State

VA

Borrower Zip

23703-2650

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1162592.52

Current Approval Amount

1162592.52

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

23703-2650

CD

VA-03

Jobs Reported

60

NAICS Code

541990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1162591.52

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

457934

Originating Lender

VCC Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1173581.41

Forgiveness Date

02/17/2022

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