PPP Loan information for Summit administrative services llc

$424,600

Summit administrative services llc was initially approved for PPP Loan of amount $424,600, the current approved amount is $424,600. The loan was approved on 04/10/2020 by The Old National Bank reported 31 jobs and $424,600 was used to fund payroll.

Summit administrative services llc is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Summit administrative services llc

SUMMIT ADMINISTRATIVE SERVICES LLC

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT ADMINISTRATIVE SERVICES LLC

Borrower Address

1415 MARAS ST

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-8800

Loan Status Date

06/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

424600.00

Current Approval Amount

424600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-8800

CD

MN-02

Jobs Reported

31

NAICS Code

561110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

424600.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

428915.80

Forgiveness Date

05/03/2021

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