# PPP loan: SIMS HOLDINGS INC.
> **$152K** approved 04/08/2020 · Paid in Full · Loan `8492847001`
## Borrower
- **Name:** SIMS HOLDINGS INC.
- **Address:** 7071 OUSLEY RD, VALDOSTA, GA, 31601-7813
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 03/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $16K
- **Utilities:** $6K
- **Jobs reported:** 19
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*