PPP Loan information for Simpson sod company inc.

$270,200

Simpson sod company inc. was initially approved for PPP Loan of amount $270,200, the current approved amount is $270,200. The loan was approved on 04/15/2020 by The Gulf Coast Bank and Trust Company reported 35 jobs and $270,200 was used to fund payroll.

Simpson sod company inc. is Existing or more than 2 years old

PPP Loan Search / LA / COVINGTON / Simpson sod company inc.

SIMPSON SOD COMPANY INC.

Date Approved

04/15/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

SIMPSON SOD COMPANY INC.

Borrower Address

P O Box 1726

Borrower City

COVINGTON

Borrower State

LA

Borrower Zip

70434

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270200.00

Current Approval Amount

270200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116770

Servicing Lender Name

Gulf Coast Bank and Trust Company

Servicing Lender Address

200 St. Charles Ave

Servicing Lender City

NEW ORLEANS

Servicing Lender State

LA

Servicing Lender Zip

70130-2903

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

COVINGTON

Project County Name

SAINT TAMMANY

Project State

LA

Project Zip

70434-0001

CD

LA-01

Jobs Reported

35

NAICS Code

111421

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

67550.00

Payroll Proceed

202650.00

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

116770

Originating Lender

Gulf Coast Bank and Trust Company

Originating Lender City

NEW ORLEANS

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273885.23

Forgiveness Date

09/02/2021

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