PPP Loan information for Simtech industries, inc

$38,500

Simtech industries, inc was initially approved for PPP Loan of amount $38,500, the current approved amount is $38,500. The loan was approved on 04/29/2020 by The United Community Bank reported 4 jobs and $38,500 was used to fund payroll.

Simtech industries, inc is Existing or more than 2 years old

PPP Loan Search / TN / SPRINGFIELD / Simtech industries, inc

SIMTECH INDUSTRIES, INC

Date Approved

04/29/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SIMTECH INDUSTRIES, INC

Borrower Address

3620 KELTON JACKSON RD

Borrower City

SPRINGFIELD

Borrower State

TN

Borrower Zip

37172-5003

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38500.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

ROBERTSON

Project State

TN

Project Zip

37172-5003

CD

TN-06

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

28875.00

Mortgage Interest Proceed

9625.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

38838.59

Forgiveness Date

03/23/2021

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