PPP Loan information for Sim sound & video, inc.

$98,200

Sim sound & video, inc. was initially approved for PPP Loan of amount $98,200, the current approved amount is $98,200. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 8 jobs and $98,200 was used to fund payroll.

Sim sound & video, inc. is Existing or more than 2 years old

PPP Loan Search / MN / BURNSVILLE / Sim sound & video, inc.

SIM SOUND & VIDEO, INC.

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIM SOUND & VIDEO, INC.

Borrower Address

1905 COUNTY ROAD 42 W

Borrower City

BURNSVILLE

Borrower State

MN

Borrower Zip

55306-6211

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98200.00

Current Approval Amount

98200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BURNSVILLE

Project County Name

DAKOTA

Project State

MN

Project Zip

55306-6211

CD

MN-02

Jobs Reported

8

NAICS Code

334310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1060.00

Payroll Proceed

83149.00

Mortgage Interest Proceed

0.00

Rent Proceed

4000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9991.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

90806.34

Forgiveness Date

12/16/2020

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