PPP Loan information for Simpson auto inc

$31,500

Simpson auto inc was initially approved for PPP Loan of amount $31,500, the current approved amount is $31,500. The loan was approved on 04/13/2020 by The Timberline Bank reported 3 jobs and $31,500 was used to fund payroll.

Simpson auto inc is Existing or more than 2 years old

SIMPSON AUTO INC

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SIMPSON AUTO INC

Borrower Address

931 N 1ST ST

Borrower City

GRAND JUNCTION

Borrower State

CO

Borrower Zip

81501-2204

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

31500.00

Current Approval Amount

31500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

426411

Servicing Lender Name

Timberline Bank

Servicing Lender Address

649 Market Street

Servicing Lender City

GRAND JUNCTION

Servicing Lender State

CO

Servicing Lender Zip

81505

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND JUNCTION

Project County Name

MESA

Project State

CO

Project Zip

81501-2204

CD

CO-03

Jobs Reported

3

NAICS Code

441120

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

23625.00

Mortgage Interest Proceed

0.00

Rent Proceed

7875.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

426411

Originating Lender

Timberline Bank

Originating Lender City

GRAND JUNCTION

Originating Lender State

CO

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

31513.42

Forgiveness Date

12/02/2020

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