PPP Loan information for Summit construction inc

$993,200

Summit construction inc was initially approved for PPP Loan of amount $993,200, the current approved amount is $993,200. The loan was approved on 04/08/2020 by The Truist Bank reported 85 jobs and $993,200 was used to fund payroll.

Summit construction inc is Existing or more than 2 years old

PPP Loan Search / MD / FREDERICK / Summit construction inc

SUMMIT CONSTRUCTION INC

Date Approved

04/08/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

SUMMIT CONSTRUCTION INC

Borrower Address

5431 YUKON CT STE A

Borrower City

FREDERICK

Borrower State

MD

Borrower Zip

21703-7300

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

993200.00

Current Approval Amount

993200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

21703-7300

CD

MD-06

Jobs Reported

85

NAICS Code

238130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

993200.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1005145.99

Forgiveness Date

07/02/2021

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