# PPP loan: SIM SUPPLY INC
> **$173K** approved 04/07/2020 · Paid in Full · Loan `6765707002`
## Borrower
- **Name:** SIM SUPPLY INC
- **Address:** 1001 7TH AVE E, HIBBING, MN, 55746-1405
- **NAICS:** 423840
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $173K
- **Initial approval:** $173K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $173K
- **Jobs reported:** 16
## Lender
- **Originating:** Security State Bank of Hibbing
- **Servicing:** Security State Bank of Hibbing (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*