PPP Loan information for Simmons logging llc

$408,071

Simmons logging llc was initially approved for PPP Loan of amount $408,071, the current approved amount is $408,071. The loan was approved on 04/14/2020 by The INSOUTH Bank reported 52 jobs and $408,071 was used to fund payroll.

Simmons logging llc is Existing or more than 2 years old

PPP Loan Search / TN / BROWNSVILLE / Simmons logging llc

SIMMONS LOGGING LLC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SIMMONS LOGGING LLC

Borrower Address

444 POWELL ST

Borrower City

BROWNSVILLE

Borrower State

TN

Borrower Zip

38012-3311

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

408071.00

Current Approval Amount

408071.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66824

Servicing Lender Name

INSOUTH Bank

Servicing Lender Address

111 S Washington

Servicing Lender City

BROWNSVILLE

Servicing Lender State

TN

Servicing Lender Zip

38012-3033

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROWNSVILLE

Project County Name

HAYWOOD

Project State

TN

Project Zip

38012-3311

CD

TN-08

Jobs Reported

52

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19600.00

Payroll Proceed

353471.00

Mortgage Interest Proceed

28000.00

Rent Proceed

7000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

66824

Originating Lender

INSOUTH Bank

Originating Lender City

BROWNSVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

412038.36

Forgiveness Date

03/31/2021

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