PPP Loan information for Simtech industrial products

$162,342

Simtech industrial products was initially approved for PPP Loan of amount $162,342, the current approved amount is $162,342. The loan was approved on 04/12/2020 by The TD Bank, National Association reported 11 jobs and $162,342 was used to fund payroll.

Simtech industrial products is Existing or more than 2 years old

SIMTECH INDUSTRIAL PRODUCTS

Date Approved

04/12/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SIMTECH INDUSTRIAL PRODUCTS

Borrower Address

47A Runway Rd

Borrower City

LEVITTOWN

Borrower State

PA

Borrower Zip

19057-4700

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

162342.00

Current Approval Amount

162342.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29805

Servicing Lender Name

TD Bank, National Association

Servicing Lender Address

2035 Limestone Rd

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19808-5529

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LEVITTOWN

Project County Name

BUCKS

Project State

PA

Project Zip

19057-4700

CD

PA-01

Jobs Reported

11

NAICS Code

333999

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

162342.00

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

29805

Originating Lender

TD Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

164587.73

Forgiveness Date

09/07/2021

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