# PPP loan: SIMCO ENGINEERING, P.C.
> **$943K** approved 04/27/2020 · Paid in Full · Loan `4137527203`
## Borrower
- **Name:** SIMCO ENGINEERING, P.C.
- **Address:** 80 MAIDEN LANE, STE 501, NEW YORK, NY, 10038
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $953K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $943K
- **Jobs reported:** 30
## Lender
- **Originating:** Kearny Bank
- **Servicing:** Kearny Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*