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Simpson College

$2,928,860 PPP Loan in Indianola, Iowa

Loan Details

Loan Number
2026067804
Date Approved
May 22, 2020
Loan Status
Paid in Full
Initial Approval
$2,928,860
Current Approval
$2,928,860
Forgiveness Amount
$2,962,867
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Simpson College
Address
701 North C St
City
Indianola
State
Iowa
ZIP Code
50125-1201
Business Type
Sole Proprietorship
Industry (NAICS)
Educational Services (611310)
Business Age
Unanswered
Jobs Reported
327
Estimated Revenue
$39.2M
Rural/Urban
Rural
Congressional District
IA-01

Loan Use Breakdown

Payroll
$2,928,860

Lender Information

Servicing Lender
Peoples Savings Bank
Originating Lender
Peoples Savings Bank

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