Simpson Electric Company
$561,455 PPP Loan in Lac Du Flambeau, Wisconsin
Loan Details
- Loan Number
- 1706877102
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $561,455
- Current Approval
- $561,455
- Forgiveness Amount
- $566,009
- Forgiveness Date
- Feb 9, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Simpson Electric Company
- Address
- 520 Simpson Ave
- City
- Lac Du Flambeau
- State
- Wisconsin
- ZIP Code
- 54538
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (334515)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 63
- Estimated Revenue
- $16.5M
- Rural/Urban
- Rural
- Congressional District
- WI-07
Loan Use Breakdown
- Payroll
- $449,164
- Utilities
- $112,291
Lender Information
- Servicing Lender
- Bay Bank
- Originating Lender
- Bay Bank
Other PPP Loans in Lac Du Flambeau, WI
| Business | Approved | |
|---|---|---|
| Lake of the Torches Federal Development Corporation | $3,398,600 |  AI Deep Dive |
| Lac Du Flambeau Band of Lake Superior Chippewa Indians | $2,544,806 | AI Deep Dive |
| Ldf Holdings LLC | $344,542 | AI Deep Dive |
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| Ldf Business Development Corporation LLC | $224,865 | AI Deep Dive |
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