PPP Loan information for Simmons construction co., inc.

$230,000

Simmons construction co., inc. was initially approved for PPP Loan of amount $230,000, the current approved amount is $230,000. The loan was approved on 04/15/2020 by The Customers Bank reported 23 jobs and $230,000 was used to fund payroll.

Simmons construction co., inc. is Existing or more than 2 years old

SIMMONS CONSTRUCTION CO., INC.

Date Approved

04/15/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SIMMONS CONSTRUCTION CO., INC.

Borrower Address

P.o. Box 1770

Borrower City

New Tazewell

Borrower State

TN

Borrower Zip

37824

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230000.00

Current Approval Amount

230000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Tazewell

Project County Name

CLAIBORNE

Project State

TN

Project Zip

37824-0001

CD

TN-02

Jobs Reported

23

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

230000.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

231764.38

Forgiveness Date

02/17/2021

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