PPP Loan information for Summit beverage group, llc

$156,800

Summit beverage group, llc was initially approved for PPP Loan of amount $156,800, the current approved amount is $156,800. The loan was approved on 04/08/2020 by The The Bank of Marion reported 26 jobs and $156,800 was used to fund payroll.

Summit beverage group, llc is Existing or more than 2 years old

SUMMIT BEVERAGE GROUP, LLC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SUMMIT BEVERAGE GROUP, LLC

Borrower Address

211 Washington Ave

Borrower City

MARION

Borrower State

VA

Borrower Zip

24354-2364

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

156800.00

Current Approval Amount

156800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73524

Servicing Lender Name

The Bank of Marion

Servicing Lender Address

102 W Main St

Servicing Lender City

MARION

Servicing Lender State

VA

Servicing Lender Zip

24354-2514

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

SMYTH

Project State

VA

Project Zip

24354-2364

CD

VA-09

Jobs Reported

26

NAICS Code

312111

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15000.00

Payroll Proceed

128000.00

Mortgage Interest Proceed

13800.00

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

73524

Originating Lender

The Bank of Marion

Originating Lender City

MARION

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

158118.84

Forgiveness Date

02/17/2021

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