# PPP loan: SIMPSON COLLEGE
> **$2.93M** approved 05/22/2020 · Paid in Full · Loan `2026067804`
## Borrower
- **Name:** SIMPSON COLLEGE
- **Address:** 701 North C ST, INDIANOLA, IA, 50125-1201
- **NAICS:** 611310
- **Business type:** Sole Proprietorship
- **Business age:** Unanswered
## Loan
- **Approval amount:** $2.93M
- **Initial approval:** $2.93M
- **Forgiven:** $2.96M (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.93M
- **Jobs reported:** 327
## Lender
- **Originating:** Peoples Savings Bank
- **Servicing:** Peoples Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*