PPP Loan information for Summit resource development llc

$47,263

Summit resource development llc was initially approved for PPP Loan of amount $47,263, the current approved amount is $47,263. The loan was approved on 04/27/2020 by The First National Bank reported 8 jobs and $47,263 was used to fund payroll.

Summit resource development llc is Existing or more than 2 years old

SUMMIT RESOURCE DEVELOPMENT LLC

Date Approved

04/27/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUMMIT RESOURCE DEVELOPMENT LLC

Borrower Address

13421 HIGHWAY 96

Borrower City

MILLPORT

Borrower State

AL

Borrower Zip

35576-4882

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

47263.02

Current Approval Amount

47263.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2023

Servicing Lender Name

First National Bank

Servicing Lender Address

341 Military St South

Servicing Lender City

HAMILTON

Servicing Lender State

AL

Servicing Lender Zip

35570-5567

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MILLPORT

Project County Name

LAMAR

Project State

AL

Project Zip

35576-4882

CD

AL-04

Jobs Reported

8

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4726.30

Payroll Proceed

37810.42

Mortgage Interest Proceed

0.00

Rent Proceed

4726.30

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

2023

Originating Lender

First National Bank

Originating Lender City

HAMILTON

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

47504.59

Forgiveness Date

11/05/2020

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