PPP Loan information for Simonsen industries, inc.

$392,475

Simonsen industries, inc. was initially approved for PPP Loan of amount $392,475, the current approved amount is $392,475. The loan was approved on 04/13/2020 by The Availa Bank reported 70 jobs and $392,475 was used to fund payroll.

Simonsen industries, inc. is Existing or more than 2 years old

SIMONSEN INDUSTRIES, INC.

Date Approved

04/13/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SIMONSEN INDUSTRIES, INC.

Borrower Address

500 HIGHWAY 31

Borrower City

QUIMBY

Borrower State

IA

Borrower Zip

51049-7716

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

392475.00

Current Approval Amount

392475.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24654

Servicing Lender Name

Availa Bank

Servicing Lender Address

126 W 6th St

Servicing Lender City

CARROLL

Servicing Lender State

IA

Servicing Lender Zip

51401-2341

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUIMBY

Project County Name

CHEROKEE

Project State

IA

Project Zip

51049-7716

CD

IA-04

Jobs Reported

70

NAICS Code

311613

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

392475.00

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

Subchapter S Corporation

Originating Lender Location Id

24654

Originating Lender

Availa Bank

Originating Lender City

CARROLL

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

394873.46

Forgiveness Date

11/24/2020

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