PPP Loan information for Summer fusion corp

$27,500

Summer fusion corp was initially approved for PPP Loan of amount $27,500, the current approved amount is $27,500. The loan was approved on 05/01/2020 by The Sandy Spring Bank reported 15 jobs and $27,500 was used to fund payroll.

Summer fusion corp is Existing or more than 2 years old

SUMMER FUSION CORP

Date Approved

05/01/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SUMMER FUSION CORP

Borrower Address

9095 Frederick Rd.

Borrower City

ELLICOTT CITY

Borrower State

MD

Borrower Zip

21042

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

27500.00

Current Approval Amount

27500.00

Undisbursed Amount

0.00

Franchise Name

Rita's Ice-Custard-Happiness

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELLICOTT CITY

Project County Name

HOWARD

Project State

MD

Project Zip

21042-0001

CD

MD-03

Jobs Reported

15

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

27500.00

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

Subchapter S Corporation

Originating Lender Location Id

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

27758.42

Forgiveness Date

04/15/2021

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