PPP Loan information for Stephen simmons state farm

$142,000

Stephen simmons state farm was initially approved for PPP Loan of amount $142,000, the current approved amount is $142,000. The loan was approved on 04/28/2020 by The Cecil Bank reported 13 jobs and $142,000 was used to fund payroll.

Stephen simmons state farm is Existing or more than 2 years old

PPP Loan Search / MD / ELKTON / Stephen simmons state farm

STEPHEN SIMMONS STATE FARM

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

STEPHEN SIMMONS STATE FARM

Borrower Address

12 LEWISVILLE RD

Borrower City

ELKTON

Borrower State

MD

Borrower Zip

21921-2101

Loan Status Date

12/11/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142000.00

Current Approval Amount

142000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88670

Servicing Lender Name

Cecil Bank

Servicing Lender Address

127 N St

Servicing Lender City

ELKTON

Servicing Lender State

MD

Servicing Lender Zip

21921-5510

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKTON

Project County Name

CECIL

Project State

MD

Project Zip

21921-2101

CD

MD-01

Jobs Reported

13

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

112000.00

Mortgage Interest Proceed

0.00

Rent Proceed

25000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

88670

Originating Lender

Cecil Bank

Originating Lender City

ELKTON

Originating Lender State

MD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

142737.61

Forgiveness Date

11/03/2020

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