PPP Loan information for Simpson college

$2,928,860

Simpson college was initially approved for PPP Loan of amount $2,928,860, the current approved amount is $2,928,860. The loan was approved on 05/22/2020 by The Peoples Savings Bank reported 327 jobs and $2,928,860 was used to fund payroll.

Simpson college is Unanswered

SIMPSON COLLEGE

Date Approved

05/22/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

SIMPSON COLLEGE

Borrower Address

701 North C ST

Borrower City

INDIANOLA

Borrower State

IA

Borrower Zip

50125-1201

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2928860.00

Current Approval Amount

2928860.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123228

Servicing Lender Name

Peoples Savings Bank

Servicing Lender Address

400 E Iowa Ave

Servicing Lender City

INDIANOLA

Servicing Lender State

IA

Servicing Lender Zip

50125-1404

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

INDIANOLA

Project County Name

WARREN

Project State

IA

Project Zip

50125-1201

CD

IA-01

Jobs Reported

327

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2928860.00

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

Sole Proprietorship

Originating Lender Location Id

123228

Originating Lender

Peoples Savings Bank

Originating Lender City

INDIANOLA

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2962867.32

Forgiveness Date

07/21/2021

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