PPP Loan information for Simcoe wood products inc

$510,000

Simcoe wood products inc was initially approved for PPP Loan of amount $510,000, the current approved amount is $510,000. The loan was approved on 01/23/2021 by The SouthPoint Bank reported 64 jobs and $510,000 was used to fund payroll.

Simcoe wood products inc is Existing or more than 2 years old

SIMCOE WOOD PRODUCTS INC

Date Approved

01/23/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SIMCOE WOOD PRODUCTS INC

Borrower Address

3730 AL Highway 69 N

Borrower City

Cullman

Borrower State

AL

Borrower Zip

35058-0782

Loan Status Date

09/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

510000.00

Current Approval Amount

510000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437056

Servicing Lender Name

SouthPoint Bank

Servicing Lender Address

3501 Grandview Pkwy

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35243-1930

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cullman

Project County Name

CULLMAN

Project State

AL

Project Zip

35058-0782

CD

AL-04

Jobs Reported

64

NAICS Code

321920

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

509998.00

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

437056

Originating Lender

SouthPoint Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512649.17

Forgiveness Date

08/03/2021

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