PPP Loan information for Simm associates, inc.

$1,556,100

Simm associates, inc. was initially approved for PPP Loan of amount $1,556,100, the current approved amount is $1,556,100. The loan was approved on 04/27/2020 by The Loan Source Incorporated reported 168 jobs and $1,556,100 was used to fund payroll.

Simm associates, inc. is Existing or more than 2 years old

PPP Loan Search / DE / Newark / Simm associates, inc.

SIMM ASSOCIATES, INC.

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SIMM ASSOCIATES, INC.

Borrower Address

800 Pencader Drive

Borrower City

Newark

Borrower State

DE

Borrower Zip

19702

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1556100.00

Current Approval Amount

1556100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19702-1000

CD

DE-

Jobs Reported

168

NAICS Code

561440

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1556100.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1570765.71

Forgiveness Date

04/14/2021

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