PPP Loan information for Summit subway llc

$2,000,000

Summit subway llc was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/26/2021 by The Independent Bank reported 500 jobs and $2,000,000 was used to fund payroll.

Summit subway llc is Existing or more than 2 years old

SUMMIT SUBWAY LLC

Date Approved

02/26/2021

SBA Office Code

0811

Processing Method

PPS

Borrower Name

SUMMIT SUBWAY LLC

Borrower Address

3518 Hartsel Dr

Borrower City

Colorado Springs

Borrower State

CO

Borrower Zip

80920-4165

Loan Status Date

07/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Colorado Springs

Project County Name

EL PASO

Project State

CO

Project Zip

80920-4165

CD

CO-05

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2000000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

2026833.33

Forgiveness Date

06/28/2022

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