PPP Loan information for Simms auto parts inc

$49,467

Simms auto parts inc was initially approved for PPP Loan of amount $49,467, the current approved amount is $49,467. The loan was approved on 04/08/2020 by The The First National Bank of Cokato reported 8 jobs and $49,467 was used to fund payroll.

Simms auto parts inc is Existing or more than 2 years old

PPP Loan Search / MN / COKATO / Simms auto parts inc

SIMMS AUTO PARTS INC

Date Approved

04/08/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SIMMS AUTO PARTS INC

Borrower Address

170 COKATO ST. E

Borrower City

COKATO

Borrower State

MN

Borrower Zip

55321-4669

Loan Status Date

03/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49467.29

Current Approval Amount

49467.29

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36741

Servicing Lender Name

The First National Bank of Cokato

Servicing Lender Address

365 Broadway Ave S

Servicing Lender City

COKATO

Servicing Lender State

MN

Servicing Lender Zip

55321-4292

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COKATO

Project County Name

WRIGHT

Project State

MN

Project Zip

55321-4669

CD

MN-06

Jobs Reported

8

NAICS Code

441310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

49467.29

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

Corporation

Originating Lender Location Id

36741

Originating Lender

The First National Bank of Cokato

Originating Lender City

COKATO

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

49898.75

Forgiveness Date

02/24/2021

;