# PPP loan: SIMPLEXDIAM INC.
> **$184K** approved 01/26/2021 · Paid in Full · Loan `5873938305`
## Borrower
- **Name:** SIMPLEXDIAM INC.
- **Address:** 50 W 47th St, New York, NY, 10036-8621
- **NAICS:** 423940
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $167K (90%)
- **Forgiveness date:** 04/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $184K
- **Utilities:** $1
- **Jobs reported:** 9
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*