PPP Loan information for Summit custom spray drying inc.

$419,072

Summit custom spray drying inc. was initially approved for PPP Loan of amount $419,072, the current approved amount is $419,072. The loan was approved on 03/26/2021 by The Provident Bank reported 23 jobs and $419,072 was used to fund payroll.

Summit custom spray drying inc. is Existing or more than 2 years old

SUMMIT CUSTOM SPRAY DRYING INC.

Date Approved

03/26/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUMMIT CUSTOM SPRAY DRYING INC.

Borrower Address

45 River Rd Ste 201

Borrower City

Flemington

Borrower State

NJ

Borrower Zip

08822-6026

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

419071.75

Current Approval Amount

419071.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Flemington

Project County Name

HUNTERDON

Project State

NJ

Project Zip

08822-6026

CD

NJ-07

Jobs Reported

23

NAICS Code

311423

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

419069.75

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

420529.89

Forgiveness Date

08/06/2021

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