PPP Loan information for Simmons nissan, inc.

$284,895

Simmons nissan, inc. was initially approved for PPP Loan of amount $284,895, the current approved amount is $284,895. The loan was approved on 04/13/2020 by The Truist Bank reported 30 jobs and $284,895 was used to fund payroll.

Simmons nissan, inc. is Existing or more than 2 years old

SIMMONS NISSAN, INC.

Date Approved

04/13/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SIMMONS NISSAN, INC.

Borrower Address

1994 ROCKFORD ST

Borrower City

MOUNT AIRY

Borrower State

NC

Borrower Zip

27030-5202

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

284895.00

Current Approval Amount

284895.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT AIRY

Project County Name

SURRY

Project State

NC

Project Zip

27030-5202

CD

NC-05

Jobs Reported

30

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284895.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

287791.43

Forgiveness Date

04/23/2021

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