PPP Loan information for Simplomatic manufacturing co

$218,620

Simplomatic manufacturing co was initially approved for PPP Loan of amount $218,620, the current approved amount is $218,620. The loan was approved on 04/14/2020 by The Fifth Third Bank reported 16 jobs and $218,620 was used to fund payroll.

Simplomatic manufacturing co is Existing or more than 2 years old

PPP Loan Search / IL / ELGIN / Simplomatic manufacturing co

SIMPLOMATIC MANUFACTURING CO

Date Approved

04/14/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SIMPLOMATIC MANUFACTURING CO

Borrower Address

1616 BERKLEY ST

Borrower City

ELGIN

Borrower State

IL

Borrower Zip

60123

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

218620.00

Current Approval Amount

218620.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELGIN

Project County Name

KANE

Project State

IL

Project Zip

60123-0300

CD

IL-08

Jobs Reported

16

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

218620.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

219810.26

Forgiveness Date

11/03/2020

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