PPP Loan information for Sumer, incorporated

$300,100

Sumer, incorporated was initially approved for PPP Loan of amount $300,100, the current approved amount is $300,100. The loan was approved on 04/06/2020 by The Cornerstone National Bank & Trust Company reported 12 jobs and $300,100 was used to fund payroll.

Sumer, incorporated is Existing or more than 2 years old

PPP Loan Search / IL / PALATINE / Sumer, incorporated

SUMER, INCORPORATED

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SUMER, INCORPORATED

Borrower Address

W. NORTHWEST HWY Suite 1254

Borrower City

PALATINE

Borrower State

IL

Borrower Zip

60067-0200

Loan Status Date

05/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300100.00

Current Approval Amount

300100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203014

Servicing Lender Name

Cornerstone National Bank & Trust Company

Servicing Lender Address

One W Northwest Hwy

Servicing Lender City

PALATINE

Servicing Lender State

IL

Servicing Lender Zip

60067-3570

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PALATINE

Project County Name

COOK

Project State

IL

Project Zip

60067-0200

CD

IL-05

Jobs Reported

12

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15005.00

Payroll Proceed

240080.00

Mortgage Interest Proceed

15005.00

Rent Proceed

30010.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

203014

Originating Lender

Cornerstone National Bank & Trust Company

Originating Lender City

PALATINE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

303392.76

Forgiveness Date

05/21/2021

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