PPP Loan information for Summit food systems, inc.

$92,500

Summit food systems, inc. was initially approved for PPP Loan of amount $92,500, the current approved amount is $92,500. The loan was approved on 04/10/2020 by The Commercial Bank reported 35 jobs and $92,500 was used to fund payroll.

Summit food systems, inc. is Existing or more than 2 years old

PPP Loan Search / MI / MASON / Summit food systems, inc.

SUMMIT FOOD SYSTEMS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMIT FOOD SYSTEMS, INC.

Borrower Address

660 N CEDAR ST

Borrower City

MASON

Borrower State

MI

Borrower Zip

48854-1017

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92500.00

Current Approval Amount

92500.00

Undisbursed Amount

0.00

Franchise Name

Big Boy

Servicing Lender Location Id

33538

Servicing Lender Name

Commercial Bank

Servicing Lender Address

301 N State St

Servicing Lender City

ALMA

Servicing Lender State

MI

Servicing Lender Zip

48801-1634

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MASON

Project County Name

INGHAM

Project State

MI

Project Zip

48854-1017

CD

MI-07

Jobs Reported

35

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

8000.00

Payroll Proceed

77000.00

Mortgage Interest Proceed

0.00

Rent Proceed

7500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33538

Originating Lender

Commercial Bank

Originating Lender City

ALMA

Originating Lender State

MI

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

93323.63

Forgiveness Date

03/09/2021

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