# PPP loan: SIMMONS EROSION CONTROL
> **$1.13M** approved 04/04/2020 · Paid in Full · Loan `4983537009`
## Borrower
- **Name:** SIMMONS EROSION CONTROL
- **Address:** 6690 STEVE LEE DR, LAKE, MS, 39092-8531
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.13M
- **Initial approval:** $1.13M
- **Forgiven:** $1.14M (101%)
- **Forgiveness date:** 08/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Health care:** $28K
- **Jobs reported:** 110
## Lender
- **Originating:** Community Bank of Mississippi
- **Servicing:** Community Bank of Mississippi (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*