PPP Loan information for Simpson nurseries of tennessee

$308,517

Simpson nurseries of tennessee was initially approved for PPP Loan of amount $308,517, the current approved amount is $308,517. The loan was approved on 04/10/2020 by The The First Bank reported 64 jobs and $308,517 was used to fund payroll.

Simpson nurseries of tennessee is Existing or more than 2 years old

SIMPSON NURSERIES OF TENNESSEE

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SIMPSON NURSERIES OF TENNESSEE

Borrower Address

6416 SHORT MOUNTAIN HWY

Borrower City

SMITHVILLE

Borrower State

TN

Borrower Zip

37166-6425

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308517.00

Current Approval Amount

308517.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SMITHVILLE

Project County Name

DEKALB

Project State

TN

Project Zip

37166-6425

CD

TN-04

Jobs Reported

64

NAICS Code

111421

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

28895.00

Payroll Proceed

270707.00

Mortgage Interest Proceed

2315.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

4600

Business Type

Subchapter S Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

312107.80

Forgiveness Date

06/14/2021

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