PPP Loan information for Simmons equipment company

$385,000

Simmons equipment company was initially approved for PPP Loan of amount $385,000, the current approved amount is $385,000. The loan was approved on 04/10/2020 by The United Bank reported 39 jobs and $385,000 was used to fund payroll.

Simmons equipment company is Existing or more than 2 years old

PPP Loan Search / VA / TAZEWELL / Simmons equipment company

SIMMONS EQUIPMENT COMPANY

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SIMMONS EQUIPMENT COMPANY

Borrower Address

847 STEELES LN

Borrower City

TAZEWELL

Borrower State

VA

Borrower Zip

24651-5381

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

385000.00

Current Approval Amount

385000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73259

Servicing Lender Name

United Bank

Servicing Lender Address

11185 Fairfax Blvd

Servicing Lender City

FAIRFAX

Servicing Lender State

VA

Servicing Lender Zip

22030-5049

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TAZEWELL

Project County Name

TAZEWELL

Project State

VA

Project Zip

24651-5381

CD

VA-09

Jobs Reported

39

NAICS Code

333131

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

385000.00

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

73259

Originating Lender

United Bank

Originating Lender City

FAIRFAX

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

388935.56

Forgiveness Date

04/28/2021

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