PPP Loan information for Simmons logging

$213,337

Simmons logging was initially approved for PPP Loan of amount $213,337, the current approved amount is $213,337. The loan was approved on 03/20/2021 by The INSOUTH Bank reported 37 jobs and $213,337 was used to fund payroll.

Simmons logging is Existing or more than 2 years old

SIMMONS LOGGING

Date Approved

03/20/2021

SBA Office Code

0474

Processing Method

PPS

Borrower Name

SIMMONS LOGGING

Borrower Address

444 W Powell St

Borrower City

Brownsville

Borrower State

TN

Borrower Zip

38012-3311

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

213337.00

Current Approval Amount

213337.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brownsville

Project County Name

HAYWOOD

Project State

TN

Project Zip

38012-3311

CD

TN-08

Jobs Reported

37

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

213335.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

214344.42

Forgiveness Date

09/10/2021

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