PPP Loan information for Simplimatic automation llc

$1,590,930

Simplimatic automation llc was initially approved for PPP Loan of amount $1,590,930, the current approved amount is $1,590,930. The loan was approved on 02/10/2021 by The United Bank reported 107 jobs and $1,590,930 was used to fund payroll.

Simplimatic automation llc is Existing or more than 2 years old

SIMPLIMATIC AUTOMATION LLC

Date Approved

02/10/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SIMPLIMATIC AUTOMATION LLC

Borrower Address

1046 W London Park Dr

Borrower City

Forest

Borrower State

VA

Borrower Zip

24551-2164

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1590930.00

Current Approval Amount

1590930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Forest

Project County Name

BEDFORD

Project State

VA

Project Zip

24551-2164

CD

VA-05

Jobs Reported

107

NAICS Code

333922

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1590926.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1596100.52

Forgiveness Date

06/15/2021

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