# PPP loan: SIMPSON MATERIALS COMPANY
> **$617K** approved 04/06/2020 · Paid in Full · Loan `6395637007`
## Borrower
- **Name:** SIMPSON MATERIALS COMPANY
- **Address:** 1053 Headquarters Park Drive, FENTON, MO, 63026-1910
- **NAICS:** 212321
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $617K
- **Initial approval:** $617K
- **Forgiven:** $622K (101%)
- **Forgiveness date:** 02/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Rent:** $18K
- **Utilities:** $68K
- **Jobs reported:** 50
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*