# PPP loan: SIMARD AUTOMOTIVE INC.
> **$216K** approved 04/03/2020 · Paid in Full · Loan `4593317007`
## Borrower
- **Name:** SIMARD AUTOMOTIVE INC.
- **Address:** 5200 AERONCA AVE, FAIRBANKS, AK, 99709-4503
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $216K
- **Initial approval:** $153K
- **Forgiven:** $218K (101%)
- **Forgiveness date:** 02/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $216K
- **Jobs reported:** 18
## Lender
- **Originating:** Northrim Bank
- **Servicing:** Northrim Bank (AK)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*