PPP Loan information for Summit anchor company, inc.

$251,006

Summit anchor company, inc. was initially approved for PPP Loan of amount $251,006, the current approved amount is $251,006. The loan was approved on 04/15/2020 by The Sandy Spring Bank reported 24 jobs and $251,006 was used to fund payroll.

Summit anchor company, inc. is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Summit anchor company, inc.

SUMMIT ANCHOR COMPANY, INC.

Date Approved

04/15/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SUMMIT ANCHOR COMPANY, INC.

Borrower Address

4507 Metropolitan Court, Suite F

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21704

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251006.00

Current Approval Amount

251006.00

Undisbursed Amount

0.00

Franchise Name

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

FREDERICK

Project County Name

FREDERICK

Project State

MD

Project Zip

21704-1600

CD

MD-06

Jobs Reported

24

NAICS Code

333923

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

62751.50

Payroll Proceed

188254.50

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253729.24

Forgiveness Date

05/26/2021

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