PPP borrower record

SIMPSON ELECTRIC COMPANY PPP loan record

Public SBA PPP loan record for SIMPSON ELECTRIC COMPANY. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.

$561,455
Approved amount
$566,009
Forgiven amount
2020-04-10
Date approved

Borrower and loan details

Borrower
SIMPSON ELECTRIC COMPANY
Loan number
1706877102
Business type
Corporation
Business age
New Business or 2 years or less
Borrower city
Lac Du Flambeau
Borrower state
Wisconsin
Borrower ZIP
54538
Jobs reported
63
Loan status
Paid in Full
Forgiveness date
2021-02-09
Servicing lender
Bay Bank
Originating lender
Bay Bank

Reported use of proceeds

Payroll
$449,164
Rent
N/A
Utilities
$112,291
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A

Location pages

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Source note

PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.