PPP Loan information for Summit inc

$236,452

Summit inc was initially approved for PPP Loan of amount $236,452, the current approved amount is $236,452. The loan was approved on 04/08/2020 by The Old Plank Trail Community Bank, National Association reported 41 jobs and $236,452 was used to fund payroll.

Summit inc is Existing or more than 2 years old

SUMMIT INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SUMMIT INC

Borrower Address

6901 W CHICAGO AVE

Borrower City

GARY

Borrower State

IN

Borrower Zip

46406-1003

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

236452.00

Current Approval Amount

236452.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

438799

Servicing Lender Name

Old Plank Trail Community Bank, National Association

Servicing Lender Address

20012 Wolf Rd

Servicing Lender City

MOKENA

Servicing Lender State

IL

Servicing Lender Zip

60448-9953

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GARY

Project County Name

LAKE

Project State

IN

Project Zip

46406-1003

CD

IN-01

Jobs Reported

41

NAICS Code

331410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

29556.00

Payroll Proceed

177340.00

Mortgage Interest Proceed

0.00

Rent Proceed

29556.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

438799

Originating Lender

Old Plank Trail Community Bank, National Association

Originating Lender City

MOKENA

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

238271.37

Forgiveness Date

01/20/2021

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