PPP Loan information for Simpson electrical inc.

$59,800

Simpson electrical inc. was initially approved for PPP Loan of amount $57,800, the current approved amount is $59,800. The loan was approved on 04/14/2020 by The Truist Bank reported 7 jobs and $59,800 was used to fund payroll.

Simpson electrical inc. is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Simpson electrical inc.

SIMPSON ELECTRICAL INC.

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SIMPSON ELECTRICAL INC.

Borrower Address

5901 Craig Road

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27712-1830

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

57800.00

Current Approval Amount

59800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27712-1830

CD

NC-04

Jobs Reported

7

NAICS Code

238990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

59800.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

60286.71

Forgiveness Date

02/23/2021

;