PPP Loan information for Sumit contruction inc.

$1,844,351

Sumit contruction inc. was initially approved for PPP Loan of amount $1,844,351, the current approved amount is $1,844,351. The loan was approved on 02/06/2021 by The Inland Bank and Trust reported 72 jobs and $1,844,351 was used to fund payroll.

Sumit contruction inc. is Existing or more than 2 years old

SUMIT CONTRUCTION INC.

Date Approved

02/06/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

SUMIT CONTRUCTION INC.

Borrower Address

9727 Keeler Ave

Borrower City

Skokie

Borrower State

IL

Borrower Zip

60076-1129

Loan Status Date

10/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1844350.93

Current Approval Amount

1844350.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22771

Servicing Lender Name

Inland Bank and Trust

Servicing Lender Address

2805 Butterfield Rd, 2nd Fl

Servicing Lender City

OAK BROOK

Servicing Lender State

IL

Servicing Lender Zip

60523-1168

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Skokie

Project County Name

COOK

Project State

IL

Project Zip

60076-1129

CD

IL-09

Jobs Reported

72

NAICS Code

237310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1844346.93

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

22771

Originating Lender

Inland Bank and Trust

Originating Lender City

OAK BROOK

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1856185.52

Forgiveness Date

09/29/2021

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