# PPP loan: SIMAS & ASSOCIATES, LTD
> **$168K** approved 04/28/2020 · Paid in Full · Loan `6482817207`
## Borrower
- **Name:** SIMAS & ASSOCIATES, LTD
- **Address:** 354 PACIFIC ST, SN LUIS OBISP, CA, 93401-3899
- **NAICS:** 541110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $137K
- **Rent:** $13K
- **Utilities:** $5K
- **Health care:** $11K
- **Debt interest:** $3K
- **Jobs reported:** 8
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*