Simmons Wood Products INC

$314,495 PPP Loan in Maricopa, Arizona

Loan Details

Loan Number
9504817300
Date Approved
May 2, 2020
Loan Status
Exemption 4
Initial Approval
$314,495
Current Approval
$314,495
Forgiveness Amount
$268,882
Forgiveness Date
Feb 16, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Simmons Wood Products INC
Address
47325 W Louis Johnson Dr
State
Arizona
ZIP Code
85139-5235
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423390)
Business Age
Existing or more than 2 years old
Jobs Reported
37
Estimated Revenue
$11.3M
Rural/Urban
Urban
Congressional District
AZ-02

Loan Use Breakdown

Payroll
$285,211
Rent
$4,084
Utilities
$10,498
Mortgage Interest
$9,000
Debt Interest
$5,702

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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