PPP Loan information for Simmons manufacturing company

$677,905

Simmons manufacturing company was initially approved for PPP Loan of amount $677,905, the current approved amount is $677,905. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 71 jobs and $677,905 was used to fund payroll.

Simmons manufacturing company is New Business or 2 years or less

SIMMONS MANUFACTURING COMPANY

Date Approved

05/01/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SIMMONS MANUFACTURING COMPANY

Borrower Address

1608 HIGHWAY 20 E

Borrower City

MCDONOUGH

Borrower State

GA

Borrower Zip

30252-2717

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

677905.00

Current Approval Amount

677905.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MCDONOUGH

Project County Name

HENRY

Project State

GA

Project Zip

30252-2717

CD

GA-10

Jobs Reported

71

NAICS Code

332919

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

677905.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

683699.69

Forgiveness Date

03/10/2021

;