PPP Loan information for The simpson group, inc.

$244,300

The simpson group, inc. was initially approved for PPP Loan of amount $244,300, the current approved amount is $244,300. The loan was approved on 04/09/2020 by The Franklin Bank & Trust Company reported 49 jobs and $244,300 was used to fund payroll.

The simpson group, inc. is Existing or more than 2 years old

THE SIMPSON GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

THE SIMPSON GROUP, INC.

Borrower Address

908 Broadway Avenue

Borrower City

Bowling Green

Borrower State

KY

Borrower Zip

42101-2566

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

244300.00

Current Approval Amount

244300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bowling Green

Project County Name

WARREN

Project State

KY

Project Zip

42101-2566

CD

KY-02

Jobs Reported

49

NAICS Code

531311

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

244300.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

246098.32

Forgiveness Date

01/07/2021

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