# PPP loan: SIMS INSURANCE, INC.
> **$252K** approved 04/04/2020 · Paid in Full · Loan `4980447000`
## Borrower
- **Name:** SIMS INSURANCE, INC.
- **Address:** 1280 E STEARNS ST, FAYETTEVILLE, AR, 72703-6241
- **NAICS:** 524210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $252K
- **Initial approval:** $252K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $252K
- **Jobs reported:** 19
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*