PPP Loan information for Simpson and brown inc.

$2,000,000

Simpson and brown inc. was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 01/23/2021 by The Manasquan Bank reported 154 jobs and $2,000,000 was used to fund payroll.

Simpson and brown inc. is Existing or more than 2 years old

SIMPSON AND BROWN INC.

Date Approved

01/23/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

SIMPSON AND BROWN INC.

Borrower Address

119 North Ave W

Borrower City

Cranford

Borrower State

NJ

Borrower Zip

07016-2167

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cranford

Project County Name

UNION

Project State

NJ

Project Zip

07016-2167

CD

NJ-10

Jobs Reported

154

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Subchapter S Corporation

Originating Lender Location Id

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2020944.44

Forgiveness Date

02/18/2022

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