PPP Loan information for Sims machine and tool

$6,500

Sims machine and tool was initially approved for PPP Loan of amount $6,500, the current approved amount is $6,500. The loan was approved on 04/28/2020 by The Peoples Independent Bank reported 1 jobs and $6,500 was used to fund payroll.

Sims machine and tool is Existing or more than 2 years old

PPP Loan Search / AL / WOODVILLE / Sims machine and tool

SIMS MACHINE AND TOOL

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SIMS MACHINE AND TOOL

Borrower Address

12224 COUNTY ROAD 8

Borrower City

WOODVILLE

Borrower State

AL

Borrower Zip

35776-6550

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6500.00

Current Approval Amount

6500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WOODVILLE

Project County Name

JACKSON

Project State

AL

Project Zip

35776-6550

CD

AL-05

Jobs Reported

1

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1000.00

Payroll Proceed

4875.00

Mortgage Interest Proceed

625.00

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

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6558.14

Forgiveness Date

03/22/2021

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