PPP Loan information for Summit corporation of america

$986,400

Summit corporation of america was initially approved for PPP Loan of amount $986,400, the current approved amount is $986,400. The loan was approved on 04/28/2020 by The Thomaston Savings Bank reported 60 jobs and $986,400 was used to fund payroll.

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

PPP Loan Search / CT / THOMASTON / Summit corporation of america

SUMMIT CORPORATION OF AMERICA

Date Approved

04/28/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SUMMIT CORPORATION OF AMERICA

Borrower Address

1430 Waterbury Road

Borrower City

THOMASTON

Borrower State

CT

Borrower Zip

06787-2029

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

986400.00

Current Approval Amount

986400.00

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

0.00

Payroll Proceed

986400.00

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

993588.56

Forgiveness Date

01/28/2021

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