PPP Loan information for 5508 inc

$123,200

5508 inc was initially approved for PPP Loan of amount $123,200, the current approved amount is $123,200. The loan was approved on 04/13/2020 by The Simmons Bank reported 31 jobs and $123,200 was used to fund payroll.

5508 inc is Unanswered

5508 INC

Date Approved

04/13/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

5508 INC

Borrower Address

2877 S ARLINGTON RD

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44312-4715

Loan Status Date

09/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123200.00

Current Approval Amount

123200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44312-4715

CD

OH-13

Jobs Reported

31

NAICS Code

722511

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

123200.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124825.56

Forgiveness Date

08/19/2021

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