# PPP loan: SIMAS FLOOR CO INC
> **$484K** approved 04/09/2020 · Paid in Full · Loan `9958877007`
## Borrower
- **Name:** SIMAS FLOOR CO INC
- **Address:** 3550 Power Inn Rd, SACRAMENTO, CA, 95826-3804
- **NAICS:** 238330
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $484K
- **Initial approval:** $484K
- **Forgiven:** $488K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Health care:** $53K
- **Jobs reported:** 32
## Lender
- **Originating:** Bank of Stockton
- **Servicing:** Bank of Stockton (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*