PPP Loan information for Summit mechanical group

$76,367

Summit mechanical group was initially approved for PPP Loan of amount $76,367, the current approved amount is $76,367. The loan was approved on 04/28/2020 by The Grundy Bank reported 4 jobs and $76,367 was used to fund payroll.

Summit mechanical group is Existing or more than 2 years old

PPP Loan Search / IL / DOWNERS GROVE / Summit mechanical group

SUMMIT MECHANICAL GROUP

Date Approved

04/28/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SUMMIT MECHANICAL GROUP

Borrower Address

1431 Opus Place Suite 110

Borrower City

DOWNERS GROVE

Borrower State

IL

Borrower Zip

60515

Loan Status Date

02/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76367.00

Current Approval Amount

76367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

22089

Servicing Lender Name

Grundy Bank

Servicing Lender Address

201 Liberty St

Servicing Lender City

MORRIS

Servicing Lender State

IL

Servicing Lender Zip

60450-2272

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DOWNERS GROVE

Project County Name

DUPAGE

Project State

IL

Project Zip

60515-0001

CD

IL-06

Jobs Reported

4

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3818.35

Payroll Proceed

57275.25

Mortgage Interest Proceed

7636.70

Rent Proceed

7636.70

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

22089

Originating Lender

Grundy Bank

Originating Lender City

MORRIS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

76903.69

Forgiveness Date

01/07/2021

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