PPP Loan information for Summit steel & manufacturing, inc.

$1,128,000

Summit steel & manufacturing, inc. was initially approved for PPP Loan of amount $1,128,000, the current approved amount is $1,128,000. The loan was approved on 04/05/2020 by The American Bank reported 90 jobs and $1,128,000 was used to fund payroll.

Summit steel & manufacturing, inc. is Existing or more than 2 years old

PPP Loan Search / PA / READING / Summit steel & manufacturing, inc.

SUMMIT STEEL & MANUFACTURING, INC.

Date Approved

04/05/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SUMMIT STEEL & MANUFACTURING, INC.

Borrower Address

1005 PATRIOT PARKWAY

Borrower City

READING

Borrower State

PA

Borrower Zip

19605-2874

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1128000.00

Current Approval Amount

1128000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19605-2874

CD

PA-04

Jobs Reported

90

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1128000.00

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

Subchapter S Corporation

Originating Lender Location Id

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1134799.33

Forgiveness Date

11/19/2020

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