PPP Loan information for Sims plastics inc.

$280,000

Sims plastics inc. was initially approved for PPP Loan of amount $280,000, the current approved amount is $280,000. The loan was approved on 01/19/2021 by The SouthWest Bank reported 20 jobs and $280,000 was used to fund payroll.

Sims plastics inc. is Existing or more than 2 years old

SIMS PLASTICS INC.

Date Approved

01/19/2021

SBA Office Code

0678

Processing Method

PPS

Borrower Name

SIMS PLASTICS INC.

Borrower Address

1101 W 42nd St

Borrower City

Odessa

Borrower State

TX

Borrower Zip

79764-4009

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

280000.00

Current Approval Amount

280000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72181

Servicing Lender Name

SouthWest Bank

Servicing Lender Address

4800 E 42nd St

Servicing Lender City

ODESSA

Servicing Lender State

TX

Servicing Lender Zip

79762-7214

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Odessa

Project County Name

ECTOR

Project State

TX

Project Zip

79764-4009

CD

TX-11

Jobs Reported

20

NAICS Code

423390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

279996.00

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

72181

Originating Lender

SouthWest Bank

Originating Lender City

ODESSA

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

281337.78

Forgiveness Date

07/14/2021

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