PPP Loan information for Sims insurance inc.

$267,032

Sims insurance inc. was initially approved for PPP Loan of amount $267,032, the current approved amount is $267,032. The loan was approved on 02/11/2021 by The First State Bank reported 18 jobs and $267,032 was used to fund payroll.

Sims insurance inc. is Existing or more than 2 years old

SIMS INSURANCE INC.

Date Approved

02/11/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

SIMS INSURANCE INC.

Borrower Address

1280 E Stearns St Ste 5

Borrower City

Fayetteville

Borrower State

AR

Borrower Zip

72703-6241

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

267032.00

Current Approval Amount

267032.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4512

Servicing Lender Name

First State Bank

Servicing Lender Address

101 S Center St

Servicing Lender City

LONOKE

Servicing Lender State

AR

Servicing Lender Zip

72086-3223

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Fayetteville

Project County Name

WASHINGTON

Project State

AR

Project Zip

72703-6241

CD

AR-03

Jobs Reported

18

NAICS Code

524298

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

267026.00

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

4512

Originating Lender

First State Bank

Originating Lender City

LONOKE

Originating Lender State

AR

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

268389.41

Forgiveness Date

08/25/2021

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