PPP Loan information for Simple cell inc

$418,600

Simple cell inc was initially approved for PPP Loan of amount $418,600, the current approved amount is $418,600. The loan was approved on 04/10/2020 by The Truist Bank reported 58 jobs and $418,600 was used to fund payroll.

Simple cell inc is New Business or 2 years or less

SIMPLE CELL INC

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SIMPLE CELL INC

Borrower Address

1533 PROGRESS WAY STE 116

Borrower City

SYKESVILLE

Borrower State

MD

Borrower Zip

21784-6433

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

418600.00

Current Approval Amount

418600.00

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

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

SYKESVILLE

Project County Name

CARROLL

Project State

MD

Project Zip

21784-6433

CD

MD-02

Jobs Reported

58

NAICS Code

443142

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

418600.00

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

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

422030.19

Forgiveness Date

02/10/2021

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