PPP Loan information for Summit petroleum inc.

$785,768

Summit petroleum inc. was initially approved for PPP Loan of amount $785,768, the current approved amount is $785,768. The loan was approved on 04/03/2021 by The Northwest Bank reported 25 jobs and $785,768 was used to fund payroll.

Summit petroleum inc. is Existing or more than 2 years old

PPP Loan Search / OH / Twinsburg / Summit petroleum inc.

SUMMIT PETROLEUM INC.

Date Approved

04/03/2021

SBA Office Code

0549

Processing Method

PPS

Borrower Name

SUMMIT PETROLEUM INC.

Borrower Address

9345 Ravenna Rd Unit A

Borrower City

Twinsburg

Borrower State

OH

Borrower Zip

44087-2452

Loan Status Date

12/08/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

785767.50

Current Approval Amount

785767.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78723

Servicing Lender Name

Northwest Bank

Servicing Lender Address

Liberty & Second St

Servicing Lender City

WARREN

Servicing Lender State

PA

Servicing Lender Zip

16365

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Twinsburg

Project County Name

SUMMIT

Project State

OH

Project Zip

44087-2452

CD

OH-13

Jobs Reported

25

NAICS Code

213111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

785765.50

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

Subchapter S Corporation

Originating Lender Location Id

78723

Originating Lender

Northwest Bank

Originating Lender City

WARREN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

790137.66

Forgiveness Date

11/01/2021

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