DESMOND SIMPKINS (WV) - 2020 PPP Loan Borrower Profile (# 3493097403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to DESMOND SIMPKINS. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in West Virginia.

Loan Detail

Loan Number

3493097403

SBA Office Code

0390

Processing Method

PPP

Curent Loan Amount

$20,832

Date Loan was Approved

May 7, 2020

Amount Forgiven

$21,000.39

Date Loan was Forgiven

Mar 1, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,832

Payroll Proced

18,000

Lender

City National Bank of West Virginia

Business Detail

Business Type

Sole Proprietorship

NAICS

484122

Borrower Location

BRANCHLAND, WV

Project Location

BRANCHLAND, WV

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.