PPP Loan information for Simulation technologies, inc.

$32,540

Simulation technologies, inc. was initially approved for PPP Loan of amount $32,540, the current approved amount is $32,540. The loan was approved on 05/05/2020 by The Customers Bank reported 2 jobs and $32,540 was used to fund payroll.

Simulation technologies, inc. is Existing or more than 2 years old

PPP Loan Search / NC / Burlington / Simulation technologies, inc.

SIMULATION TECHNOLOGIES, INC.

Date Approved

05/05/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SIMULATION TECHNOLOGIES, INC.

Borrower Address

126 Everett St

Borrower City

Burlington

Borrower State

NC

Borrower Zip

27215

Loan Status Date

03/25/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

32540.00

Current Approval Amount

32540.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Burlington

Project County Name

ALAMANCE

Project State

NC

Project Zip

27215-0001

CD

NC-04

Jobs Reported

2

NAICS Code

333999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

32540.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

32721.87

Forgiveness Date

12/17/2020

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