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Simmons Equipment Company

$388,890 PPP Loan in Tazewell, Virginia

Loan Details

Loan Number
1831098404
Date Approved
Feb 2, 2021
Loan Status
Paid in Full
Initial Approval
$388,890
Current Approval
$388,890
Forgiveness Amount
$393,492
Forgiveness Date
Apr 12, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simmons Equipment Company
Address
847 Steeles Ln
City
Tazewell
State
Virginia
ZIP Code
24651-5381
Business Type
Corporation
Industry (NAICS)
Manufacturing (333131)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$7.6M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$388,888
Utilities
$1

Lender Information

Servicing Lender
United Bank
Originating Lender
United Bank

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