PPP Loan information for Summit contractors inc and tvt

$1,396,520

Summit contractors inc and tvt was initially approved for PPP Loan of amount $1,396,520, the current approved amount is $1,396,520. The loan was approved on 04/16/2020 by The Mercantile Bank reported 67 jobs and $1,396,520 was used to fund payroll.

Summit contractors inc and tvt is Existing or more than 2 years old

PPP Loan Search / MI / HASLETT / Summit contractors inc and tvt

SUMMIT CONTRACTORS INC AND TVT

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMIT CONTRACTORS INC AND TVT

Borrower Address

15729 PEACOCK RD

Borrower City

HASLETT

Borrower State

MI

Borrower Zip

48840-9306

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1396520.00

Current Approval Amount

1396520.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HASLETT

Project County Name

CLINTON

Project State

MI

Project Zip

48840-9306

CD

MI-07

Jobs Reported

67

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1168205.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

188315.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1405855.64

Forgiveness Date

12/22/2020

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