PPP Loan information for Summit automotive management, inc.

$193,338

Summit automotive management, inc. was initially approved for PPP Loan of amount $193,338, the current approved amount is $193,338. The loan was approved on 04/28/2020 by The The Huntington National Bank reported 15 jobs and $193,338 was used to fund payroll.

Summit automotive management, inc. is New Business or 2 years or less

PPP Loan Search / MI / Auburn Hills / Summit automotive management, inc.

SUMMIT AUTOMOTIVE MANAGEMENT, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMIT AUTOMOTIVE MANAGEMENT, INC.

Borrower Address

3271 Five Points Dr.

Borrower City

Auburn Hills

Borrower State

MI

Borrower Zip

48326

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

193337.50

Current Approval Amount

193337.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Auburn Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-0899

CD

MI-11

Jobs Reported

15

NAICS Code

561110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

193337.50

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

195763.49

Forgiveness Date

08/03/2021

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