PPP Loan information for Summit educational group, inc.

$1,023,875

Summit educational group, inc. was initially approved for PPP Loan of amount $1,023,875, the current approved amount is $1,023,875. The loan was approved on 04/09/2020 by The The Village Bank reported 62 jobs and $1,023,875 was used to fund payroll.

Summit educational group, inc. is Existing or more than 2 years old

PPP Loan Search / MA / NEWTON / Summit educational group, inc.

SUMMIT EDUCATIONAL GROUP, INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

SUMMIT EDUCATIONAL GROUP, INC.

Borrower Address

61 Chapel Street

Borrower City

NEWTON

Borrower State

MA

Borrower Zip

02458-1010

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1023875.00

Current Approval Amount

1023875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89088

Servicing Lender Name

The Village Bank

Servicing Lender Address

307 Auburn St

Servicing Lender City

AUBURNDALE

Servicing Lender State

MA

Servicing Lender Zip

02466-1902

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEWTON

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02458-1010

CD

MA-04

Jobs Reported

62

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1023875.00

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

Subchapter S Corporation

Originating Lender Location Id

89088

Originating Lender

The Village Bank

Originating Lender City

AUBURNDALE

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1036273.71

Forgiveness Date

07/09/2021

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