PPP Loan information for Summit inc.

$265,930

Summit inc. was initially approved for PPP Loan of amount $265,930, the current approved amount is $265,930. The loan was approved on 02/06/2021 by The Old Plank Trail Community Bank, National Association reported 45 jobs and $265,930 was used to fund payroll.

Summit inc. is Existing or more than 2 years old

SUMMIT INC.

Date Approved

02/06/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

SUMMIT INC.

Borrower Address

6901 Chicago Ave

Borrower City

Gary

Borrower State

IN

Borrower Zip

46406-1003

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

265930.00

Current Approval Amount

265930.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Gary

Project County Name

LAKE

Project State

IN

Project Zip

46406-1003

CD

IN-01

Jobs Reported

45

NAICS Code

423930

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265930.00

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

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267163.62

Forgiveness Date

07/28/2021

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