PPP Loan information for Summit excavating inc.

$37,461

Summit excavating inc. was initially approved for PPP Loan of amount $37,461, the current approved amount is $37,461. The loan was approved on 03/26/2021 by The Magnifi Financial CU reported 4 jobs and $37,461 was used to fund payroll.

Summit excavating inc. is Existing or more than 2 years old

SUMMIT EXCAVATING INC.

Date Approved

03/26/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SUMMIT EXCAVATING INC.

Borrower Address

2311 12th St S

Borrower City

Waite Park

Borrower State

MN

Borrower Zip

56387-1960

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

37461.00

Current Approval Amount

37461.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Waite Park

Project County Name

STEARNS

Project State

MN

Project Zip

56387-1960

CD

MN-06

Jobs Reported

4

NAICS Code

238910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

37459.00

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

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37560.55

Forgiveness Date

07/08/2021

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