PPP Loan information for Simpson electric co inc

$8,800

Simpson electric co inc was initially approved for PPP Loan of amount $8,800, the current approved amount is $8,800. The loan was approved on 04/28/2020 by The Southern Bancorp Bank reported 1 jobs and $8,800 was used to fund payroll.

Simpson electric co inc is Existing or more than 2 years old

PPP Loan Search / MS / SUMNER / Simpson electric co inc

SIMPSON ELECTRIC CO INC

Date Approved

04/28/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SIMPSON ELECTRIC CO INC

Borrower Address

400 JENNINGS ST

Borrower City

SUMNER

Borrower State

MS

Borrower Zip

38957-9720

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8800.00

Current Approval Amount

8800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4089

Servicing Lender Name

Southern Bancorp Bank

Servicing Lender Address

605 Main St

Servicing Lender City

ARKADELPHIA

Servicing Lender State

AR

Servicing Lender Zip

71923-6037

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMNER

Project County Name

TALLAHATCHIE

Project State

MS

Project Zip

38957-9720

CD

MS-02

Jobs Reported

1

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

880.00

Payroll Proceed

6600.00

Mortgage Interest Proceed

0.00

Rent Proceed

1320.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

4089

Originating Lender

Southern Bancorp Bank

Originating Lender City

ARKADELPHIA

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

8910.90

Forgiveness Date

08/04/2021

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