PPP Loan information for Summit auto & cycle llc

$55,731

Summit auto & cycle llc was initially approved for PPP Loan of amount $55,731, the current approved amount is $55,731. The loan was approved on 04/28/2020 by The ONB Bank reported 3 jobs and $55,731 was used to fund payroll.

Summit auto & cycle llc is Existing or more than 2 years old

SUMMIT AUTO & CYCLE LLC

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT AUTO & CYCLE LLC

Borrower Address

18956 480th St

Borrower City

Zumbrota

Borrower State

MN

Borrower Zip

55992

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55730.99

Current Approval Amount

55730.99

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120125

Servicing Lender Name

ONB Bank

Servicing Lender Address

975 34th Ave NW

Servicing Lender City

ROCHESTER

Servicing Lender State

MN

Servicing Lender Zip

55901-6600

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Zumbrota

Project County Name

GOODHUE

Project State

MN

Project Zip

55992-0001

CD

MN-01

Jobs Reported

3

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

55730.99

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

Limited Liability Company(LLC)

Originating Lender Location Id

120125

Originating Lender

ONB Bank

Originating Lender City

ROCHESTER

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56210.90

Forgiveness Date

03/15/2021

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