PPP Loan information for Summers manufacturing company

$995,600

Summers manufacturing company was initially approved for PPP Loan of amount $995,600, the current approved amount is $995,600. The loan was approved on 04/09/2020 by The Western State Bank reported 73 jobs and $995,600 was used to fund payroll.

Summers manufacturing company is Existing or more than 2 years old

SUMMERS MANUFACTURING COMPANY

Date Approved

04/09/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

SUMMERS MANUFACTURING COMPANY

Borrower Address

103 Summers St

Borrower City

DEVILS LAKE

Borrower State

ND

Borrower Zip

58301-0580

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

995600.00

Current Approval Amount

995600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52957

Servicing Lender Name

Western State Bank

Servicing Lender Address

110 4th St SE

Servicing Lender City

DEVILS LAKE

Servicing Lender State

ND

Servicing Lender Zip

58301-3634

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DEVILS LAKE

Project County Name

RAMSEY

Project State

ND

Project Zip

58301-0580

CD

ND-

Jobs Reported

73

NAICS Code

333111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

995600.00

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

Corporation

Originating Lender Location Id

52957

Originating Lender

Western State Bank

Originating Lender City

DEVILS LAKE

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

992499.20

Forgiveness Date

12/22/2020

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