# PPP loan: SIMPSON IRVINE, INC.
> **$1.35M** approved 04/10/2020 · Paid in Full · Loan `2523437101`
## Borrower
- **Name:** SIMPSON IRVINE, INC.
- **Address:** 21 Auto Center Drive, Irvine, CA, 92618-2803
- **NAICS:** 441110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 90
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*