Simco Electronics

$5,786,800 PPP Loan in Santa Clara, California

Loan Details

Loan Number
6617177007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$5,786,800
Current Approval
$5,786,800
Forgiveness Amount
$5,138,391
Forgiveness Date
Dec 17, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Simco Electronics
Address
3131 Jay St Ste 100
ZIP Code
95054-3308
Business Type
Corporation
Industry (NAICS)
Other Services (except Public Administration) (811219)
Business Age
Existing or more than 2 years old
Jobs Reported
344
Estimated Revenue
$67.4M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$4,629,467
Mortgage Interest
$1,157,333

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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