PPP Loan information for Simms painting company inc

$1,238,673

Simms painting company inc was initially approved for PPP Loan of amount $1,238,673, the current approved amount is $1,238,673. The loan was approved on 02/03/2021 by The Old National Bank reported 65 jobs and $1,238,673 was used to fund payroll.

Simms painting company inc is Existing or more than 2 years old

SIMMS PAINTING COMPANY INC

Date Approved

02/03/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SIMMS PAINTING COMPANY INC

Borrower Address

1600 S New York Ave

Borrower City

Evansville

Borrower State

IN

Borrower Zip

47714-3418

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1238672.50

Current Approval Amount

1238672.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Evansville

Project County Name

VANDERBURGH

Project State

IN

Project Zip

47714-3418

CD

IN-08

Jobs Reported

65

NAICS Code

238320

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1238667.50

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1244916.77

Forgiveness Date

08/13/2021

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