Simplemachines Inc.

$455,755 PPP Loan in Madison, Wisconsin

Loan Details

Loan Number
6067308402
Date Approved
Feb 10, 2021
Loan Status
Charged Off
Initial Approval
$455,755
Current Approval
$455,755
Forgiveness Amount
$277,172
Forgiveness Date
Jun 15, 2021
Term
54 months
Draw
Second Draw

Business Information

Business Name
Simplemachines Inc.
Address
455 Science Dr Ste 250
ZIP Code
53711-1077
Business Type
Corporation
Industry (NAICS)
Manufacturing (334413)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
WI-02

Loan Use Breakdown

Payroll
$455,752
Utilities
$1

Lender Information

Servicing Lender
First-Citizens Bank & Trust Company
Originating Lender
Silicon Valley Bridge Bank NA

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