Simcoe Wood Products INC

$510,000 PPP Loan in Cullman, Alabama

Loan Details

Loan Number
4661778309
Date Approved
Jan 23, 2021
Loan Status
Paid in Full
Initial Approval
$510,000
Current Approval
$510,000
Forgiveness Amount
$512,649
Forgiveness Date
Aug 3, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simcoe Wood Products INC
Address
3730 Al Highway 69 N
State
Alabama
ZIP Code
35058-0782
Business Type
Corporation
Industry (NAICS)
Manufacturing (321920)
Business Age
Existing or more than 2 years old
Jobs Reported
64
Estimated Revenue
$63.5M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$509,998
Utilities
$1

Lender Information

Servicing Lender
Southpoint Bank
Originating Lender
Merchants Bank of Alabama, a Division of Southpoint Bank

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