PPP Loan information for Summit automotive group, inc.

$97,554

Summit automotive group, inc. was initially approved for PPP Loan of amount $97,554, the current approved amount is $97,554. The loan was approved on 04/13/2020 by The Verus Bank of Commerce reported 8 jobs and $97,554 was used to fund payroll.

Summit automotive group, inc. is Existing or more than 2 years old

PPP Loan Search / CO / Silverthorne / Summit automotive group, inc.

SUMMIT AUTOMOTIVE GROUP, INC.

Date Approved

04/13/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SUMMIT AUTOMOTIVE GROUP, INC.

Borrower Address

933 Blue River Parkway PO Box 1826

Borrower City

Silverthorne

Borrower State

CO

Borrower Zip

80498

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97554.00

Current Approval Amount

97554.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434659

Servicing Lender Name

Verus Bank of Commerce

Servicing Lender Address

3700 S College Ave, Unit 102

Servicing Lender City

FORT COLLINS

Servicing Lender State

CO

Servicing Lender Zip

80525-3615

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Silverthorne

Project County Name

SUMMIT

Project State

CO

Project Zip

80498-0001

CD

CO-02

Jobs Reported

8

NAICS Code

811111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

97554.00

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

Subchapter S Corporation

Originating Lender Location Id

434659

Originating Lender

Verus Bank of Commerce

Originating Lender City

FORT COLLINS

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

98179.97

Forgiveness Date

12/08/2020

;