PPP Loan information for Summerwood corporation

$1,196,400

Summerwood corporation was initially approved for PPP Loan of amount $1,196,400, the current approved amount is $1,196,400. The loan was approved on 04/06/2020 by The City National Bank reported 57 jobs and $1,196,400 was used to fund payroll.

Summerwood corporation is Existing or more than 2 years old

PPP Loan Search / PA / CONSHOHOCKEN / Summerwood corporation

SUMMERWOOD CORPORATION

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

SUMMERWOOD CORPORATION

Borrower Address

14 BALLIGOMINGO RD

Borrower City

CONSHOHOCKEN

Borrower State

PA

Borrower Zip

19428-2725

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1196400.00

Current Approval Amount

1196400.00

Undisbursed Amount

0.00

Franchise Name

Taco Bell

Servicing Lender Location Id

4924

Servicing Lender Name

City National Bank

Servicing Lender Address

555 S Flower St

Servicing Lender City

LOS ANGELES

Servicing Lender State

CA

Servicing Lender Zip

90071-2300

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CONSHOHOCKEN

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19428-2725

CD

PA-04

Jobs Reported

57

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

897300.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

299100.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

4924

Originating Lender

City National Bank

Originating Lender City

LOS ANGELES

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1211314.03

Forgiveness Date

07/27/2021

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