PPP Loan information for Sims development group, inc.

$62,012

Sims development group, inc. was initially approved for PPP Loan of amount $62,012, the current approved amount is $62,012. The loan was approved on 04/09/2020 by The TowneBank reported 4 jobs and $62,012 was used to fund payroll.

Sims development group, inc. is Existing or more than 2 years old

PPP Loan Search / VA / SUFFOLK / Sims development group, inc.

SIMS DEVELOPMENT GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SIMS DEVELOPMENT GROUP, INC.

Borrower Address

5988 Bennetts Creek Lane

Borrower City

SUFFOLK

Borrower State

VA

Borrower Zip

23435-1704

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62012.00

Current Approval Amount

62012.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUFFOLK

Project County Name

SUFFOLK CITY

Project State

VA

Project Zip

23435-1704

CD

VA-02

Jobs Reported

4

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

62012.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

62465.03

Forgiveness Date

01/11/2021

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