PPP Loan information for Simplemachines, inc.

$407,281

Simplemachines, inc. was initially approved for PPP Loan of amount $407,281, the current approved amount is $407,281. The loan was approved on 04/07/2020 by The Capitol Bank reported 21 jobs and $407,281 was used to fund payroll.

Simplemachines, inc. is Existing or more than 2 years old

PPP Loan Search / WI / MADISON / Simplemachines, inc.

SIMPLEMACHINES, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SIMPLEMACHINES, INC.

Borrower Address

455 SCIENCE DR Ste 250

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53711-1058

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407281.00

Current Approval Amount

407281.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119487

Servicing Lender Name

Capitol Bank

Servicing Lender Address

710 N High Point Rd

Servicing Lender City

MADISON

Servicing Lender State

WI

Servicing Lender Zip

53717-2811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53711-1058

CD

WI-02

Jobs Reported

21

NAICS Code

334413

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

407281.00

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

119487

Originating Lender

Capitol Bank

Originating Lender City

MADISON

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

410807.05

Forgiveness Date

02/25/2021

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