Simonds INC

$280,486 PPP Loan in Southbridge, Massachusetts

Loan Details

Loan Number
6427178503
Date Approved
Mar 3, 2021
Loan Status
Paid in Full
Initial Approval
$280,486
Current Approval
$280,486
Forgiveness Amount
$281,803
Forgiveness Date
Aug 23, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Simonds INC
Address
248 Elm St
ZIP Code
01550-2616
Business Type
Corporation
Industry (NAICS)
Manufacturing (333249)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.5M
Rural/Urban
Urban
Congressional District
MA-01

Loan Use Breakdown

Payroll
$280,480
Utilities
$1

Lender Information

Servicing Lender
Cornerstone Bank
Originating Lender
Cornerstone Bank

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