PPP Loan information for Summit concrete & masonry

$1,360,300

Summit concrete & masonry was initially approved for PPP Loan of amount $1,360,300, the current approved amount is $1,360,300. The loan was approved on 04/07/2020 by The First Bank Elk River reported 53 jobs and $1,360,300 was used to fund payroll.

Summit concrete & masonry is Existing or more than 2 years old

SUMMIT CONCRETE & MASONRY

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT CONCRETE & MASONRY

Borrower Address

39821 Grand Ave

Borrower City

NORTH BRANCH

Borrower State

MN

Borrower Zip

55056-6064

Loan Status Date

09/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1360300.00

Current Approval Amount

1360300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38033

Servicing Lender Name

First Bank Elk River

Servicing Lender Address

812 Main St NW

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1575

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

NORTH BRANCH

Project County Name

CHISAGO

Project State

MN

Project Zip

55056-6064

CD

MN-08

Jobs Reported

53

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1020225.00

Mortgage Interest Proceed

0.00

Rent Proceed

340075.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38033

Originating Lender

First Bank Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

972890.60

Forgiveness Date

08/02/2021

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