PPP Loan information for Summer clan inc.

$122,500

Summer clan inc. was initially approved for PPP Loan of amount $122,500, the current approved amount is $122,500. The loan was approved on 01/29/2021 by The Cornerstone Bank reported 72 jobs and $122,500 was used to fund payroll.

Summer clan inc. is Existing or more than 2 years old

PPP Loan Search / VA / Rockbridge Baths / Summer clan inc.

SUMMER CLAN INC.

Date Approved

01/29/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

SUMMER CLAN INC.

Borrower Address

946 Walkers Creek Rd

Borrower City

Rockbridge Baths

Borrower State

VA

Borrower Zip

24473-2206

Loan Status Date

01/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

122500.00

Current Approval Amount

122500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockbridge Baths

Project County Name

ROCKBRIDGE

Project State

VA

Project Zip

24473-2206

CD

VA-06

Jobs Reported

72

NAICS Code

721214

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

122497.00

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

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

123563.90

Forgiveness Date

12/23/2021

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