PPP Loan information for Simplexity product development

$1,444,875

Simplexity product development was initially approved for PPP Loan of amount $1,444,875, the current approved amount is $1,444,875. The loan was approved on 04/14/2020 by The Banner Bank reported 74 jobs and $1,444,875 was used to fund payroll.

Simplexity product development is Existing or more than 2 years old

PPP Loan Search / CA / SAN DIEGO / Simplexity product development

SIMPLEXITY PRODUCT DEVELOPMENT

Date Approved

04/14/2020

SBA Office Code

0954

Processing Method

PPP

Borrower Name

SIMPLEXITY PRODUCT DEVELOPMENT

Borrower Address

11021 Via Frontera Suite D

Borrower City

SAN DIEGO

Borrower State

CA

Borrower Zip

92127

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1444874.56

Current Approval Amount

1444874.56

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79430

Servicing Lender Name

Banner Bank

Servicing Lender Address

10 S First Ave

Servicing Lender City

WALLA WALLA

Servicing Lender State

WA

Servicing Lender Zip

99362-1942

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN DIEGO

Project County Name

SAN DIEGO

Project State

CA

Project Zip

92127-1001

CD

CA-50

Jobs Reported

74

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14448.75

Payroll Proceed

1372630.83

Mortgage Interest Proceed

0.00

Rent Proceed

57794.98

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

79430

Originating Lender

Banner Bank

Originating Lender City

WALLA WALLA

Originating Lender State

WA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1456235.63

Forgiveness Date

02/02/2021

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