# PPP loan: SIMSSCO INDUSTRIES INC
> **$320K** approved 04/15/2020 · Paid in Full · Loan `9211287107`
## Borrower
- **Name:** SIMSSCO INDUSTRIES INC
- **Address:** 22945 Springwater, LAKE FOREST, CA, 92630
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $320K
- **Initial approval:** $320K
- **Forgiven:** $324K (101%)
- **Forgiveness date:** 07/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $320K
- **Jobs reported:** 48
## Lender
- **Originating:** First Bank of the Lake
- **Servicing:** First Bank of the Lake (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*