PPP Loan information for Simmons electrical services, llc

$106,371

Simmons electrical services, llc was initially approved for PPP Loan of amount $106,371, the current approved amount is $106,371. The loan was approved on 04/15/2020 by The The Farmers Bank of Willards reported 13 jobs and $106,371 was used to fund payroll.

Simmons electrical services, llc is New Business or 2 years or less

PPP Loan Search / DE / DELMAR / Simmons electrical services, llc

SIMMONS ELECTRICAL SERVICES, LLC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SIMMONS ELECTRICAL SERVICES, LLC

Borrower Address

4665 WHITE DEER RD

Borrower City

DELMAR

Borrower State

DE

Borrower Zip

19940-3050

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106371.00

Current Approval Amount

106371.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DELMAR

Project County Name

SUSSEX

Project State

DE

Project Zip

19940-3050

CD

DE-

Jobs Reported

13

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

9637.00

Payroll Proceed

86734.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

10000.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107201.28

Forgiveness Date

01/29/2021

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