PPP Loan information for Simmons logging inc

$126,538

Simmons logging inc was initially approved for PPP Loan of amount $126,538, the current approved amount is $126,538. The loan was approved on 04/15/2020 by The Benchmark Community Bank reported 11 jobs and $126,538 was used to fund payroll.

Simmons logging inc is Existing or more than 2 years old

SIMMONS LOGGING INC

Date Approved

04/15/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SIMMONS LOGGING INC

Borrower Address

3006 BRICKLAND RD

Borrower City

SOUTH HILL

Borrower State

VA

Borrower Zip

23970-0001

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126538.42

Current Approval Amount

126538.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73481

Servicing Lender Name

Benchmark Community Bank

Servicing Lender Address

204 S Broad St

Servicing Lender City

KENBRIDGE

Servicing Lender State

VA

Servicing Lender Zip

23944

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTH HILL

Project County Name

MECKLENBURG

Project State

VA

Project Zip

23970-0001

CD

VA-05

Jobs Reported

11

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6538.42

Payroll Proceed

120000.00

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

73481

Originating Lender

Benchmark Community Bank

Originating Lender City

KENBRIDGE

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

127280.32

Forgiveness Date

11/23/2020

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