PPP Loan information for Summit tool co

$845,000

Summit tool co was initially approved for PPP Loan of amount $845,000, the current approved amount is $845,000. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 52 jobs and $845,000 was used to fund payroll.

Summit tool co is Existing or more than 2 years old

PPP Loan Search / OH / AKRON / Summit tool co

SUMMIT TOOL CO

Date Approved

04/14/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SUMMIT TOOL CO

Borrower Address

768 E NORTH ST

Borrower City

AKRON

Borrower State

OH

Borrower Zip

44305-0320

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

845000.00

Current Approval Amount

845000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

AKRON

Project County Name

SUMMIT

Project State

OH

Project Zip

44305-0320

CD

OH-13

Jobs Reported

52

NAICS Code

332216

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

845000.00

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

Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

851572.22

Forgiveness Date

01/25/2021

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