# PPP loan: VERNE SIMMONDS COMPANY
> **$248K** approved 04/06/2020 · Paid in Full · Loan `5770177009`
## Borrower
- **Name:** VERNE SIMMONDS COMPANY
- **Address:** 8445 MADISON ST, OMAHA, NE, 68127-4122
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $248K
- **Initial approval:** $248K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $248K
- **Jobs reported:** 13
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*