PPP Loan information for Summit corporation of america

$990,565

Summit corporation of america was initially approved for PPP Loan of amount $990,565, the current approved amount is $990,565. The loan was approved on 02/04/2021 by The Thomaston Savings Bank reported 60 jobs and $990,565 was used to fund payroll.

Summit corporation of america is Existing or more than 2 years old

SUMMIT CORPORATION OF AMERICA

Date Approved

02/04/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

SUMMIT CORPORATION OF AMERICA

Borrower Address

1430 Waterbury Rd

Borrower City

Thomaston

Borrower State

CT

Borrower Zip

06787-2029

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

990565.00

Current Approval Amount

990565.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thomaston

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06787-2029

CD

CT-05

Jobs Reported

60

NAICS Code

332813

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

990561.00

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

Corporation

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

996074.17

Forgiveness Date

09/07/2021

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