PPP Loan information for Summit development corp.

$287,225

Summit development corp. was initially approved for PPP Loan of amount $287,225, the current approved amount is $287,225. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 21 jobs and $287,225 was used to fund payroll.

Summit development corp. is Existing or more than 2 years old

SUMMIT DEVELOPMENT CORP.

Date Approved

04/16/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

SUMMIT DEVELOPMENT CORP.

Borrower Address

13-07 37th Avenue

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101-6030

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287225.00

Current Approval Amount

287225.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-6030

CD

NY-07

Jobs Reported

21

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3000.00

Payroll Proceed

242135.00

Mortgage Interest Proceed

0.00

Rent Proceed

25500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

14400.00

Debt Interest Proceed

2190

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290720.05

Forgiveness Date

07/09/2021

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