PPP Loan information for Simons systems inc

$165,518

Simons systems inc was initially approved for PPP Loan of amount $165,518, the current approved amount is $165,518. The loan was approved on 02/05/2021 by The Portage Community Bank reported 36 jobs and $165,518 was used to fund payroll.

Simons systems inc is Existing or more than 2 years old

SIMONS SYSTEMS INC

Date Approved

02/05/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SIMONS SYSTEMS INC

Borrower Address

7770 Chippewa Rd

Borrower City

Brecksville

Borrower State

OH

Borrower Zip

44141-2312

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

165518.00

Current Approval Amount

165518.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122764

Servicing Lender Name

Portage Community Bank

Servicing Lender Address

1311 E Main St

Servicing Lender City

RAVENNA

Servicing Lender State

OH

Servicing Lender Zip

44266-3329

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brecksville

Project County Name

CUYAHOGA

Project State

OH

Project Zip

44141-2312

CD

OH-07

Jobs Reported

36

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

165516.00

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

Corporation

Originating Lender Location Id

122764

Originating Lender

Portage Community Bank

Originating Lender City

RAVENNA

Originating Lender State

OH

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

166773.18

Forgiveness Date

11/10/2021

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