PPP Loan information for Summit transport corp.

$130,700

Summit transport corp. was initially approved for PPP Loan of amount $130,700, the current approved amount is $130,700. The loan was approved on 04/28/2020 by The First Commerce Bank reported 10 jobs and $130,700 was used to fund payroll.

Summit transport corp. is Existing or more than 2 years old

SUMMIT TRANSPORT CORP.

Date Approved

04/28/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUMMIT TRANSPORT CORP.

Borrower Address

39-57 Jefferson Street

Borrower City

PASSAIC

Borrower State

NJ

Borrower Zip

07055

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

130700.00

Current Approval Amount

130700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PASSAIC

Project County Name

PASSAIC

Project State

NJ

Project Zip

07055-0001

CD

NJ-09

Jobs Reported

10

NAICS Code

484110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130700.00

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131785.54

Forgiveness Date

02/23/2021

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