# PPP loan: SIMCO, LLC
> **$155K** approved 04/28/2020 · Paid in Full · Loan `8557727209`
## Borrower
- **Name:** SIMCO, LLC
- **Address:** 97 Crepe Myrtle Lane, LAUREL, MS, 39443
- **NAICS:** 238220
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $155K
- **Initial approval:** $155K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 07/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $155K
- **Jobs reported:** 25
## Lender
- **Originating:** Magnolia State Bank
- **Servicing:** Magnolia State Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*