# PPP loan: SIMMS LUMBER CO INC
> **$342K** approved 04/06/2020 · Paid in Full · Loan `5947847005`
## Borrower
- **Name:** SIMMS LUMBER CO INC
- **Address:** 1150 FORT WORTH HWY, WEATHERFORD, TX, 76086-4554
- **NAICS:** 423310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $342K
- **Initial approval:** $342K
- **Forgiven:** $344K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $342K
- **Jobs reported:** 33
## Lender
- **Originating:** Community National Bank & Trust of Texas
- **Servicing:** Community National Bank & Trust of Texas (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*