# PPP loan: SIMPLIMATIC AUTOMATION, LLC
> **$1.59M** approved 04/06/2020 · Paid in Full · Loan `5967627006`
## Borrower
- **Name:** SIMPLIMATIC AUTOMATION, LLC
- **Address:** 1046 W London Park Drive, FOREST, VA, 24551-2164
- **NAICS:** 333922
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.59M
- **Initial approval:** $1.59M
- **Forgiven:** $1.60M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.33M
- **Rent:** $41K
- **Mortgage interest:** $51K
- **Utilities:** $41K
- **Health care:** $133K
- **Jobs reported:** 107
## Lender
- **Originating:** United Bank
- **Servicing:** United Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*