# PPP loan: SIMCOE WOOD PRODUCTS, INC
> **$510K** approved 04/07/2020 · Paid in Full · Loan `6675417005`
## Borrower
- **Name:** SIMCOE WOOD PRODUCTS, INC
- **Address:** 3730 Alabama Hwy 69 North, CULLMAN, AL, 35058-0782
- **NAICS:** 333243
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $510K
- **Initial approval:** $510K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 11/27/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $508K
- **Health care:** $3K
- **Jobs reported:** 64
## Lender
- **Originating:** Traditions Bank
- **Servicing:** Traditions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*