PPP Loan information for Simplicity scale inc

$38,997

Simplicity scale inc was initially approved for PPP Loan of amount $38,997, the current approved amount is $38,997. The loan was approved on 04/27/2020 by The Forbright Bank reported 5 jobs and $38,997 was used to fund payroll.

Simplicity scale inc is Existing or more than 2 years old

PPP Loan Search / IL / ROCKFORD / Simplicity scale inc

SIMPLICITY SCALE INC

Date Approved

04/27/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SIMPLICITY SCALE INC

Borrower Address

3445 LONERGAN DRIVE

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109-2622

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38997.00

Current Approval Amount

38997.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

342932

Servicing Lender Name

Forbright Bank

Servicing Lender Address

4445 Willard Ave Ste 1000

Servicing Lender City

CHEVY CHASE

Servicing Lender State

MD

Servicing Lender Zip

20815-3690

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-2622

CD

IL-17

Jobs Reported

5

NAICS Code

561499

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38997.00

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

342932

Originating Lender

Forbright Bank

Originating Lender City

CHEVY CHASE

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

35181.71

Forgiveness Date

11/12/2020

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