PPP Loan information for Summit logistics inc.

$142,325

Summit logistics inc. was initially approved for PPP Loan of amount $142,325, the current approved amount is $142,325. The loan was approved on 04/07/2020 by The United Community Bank reported 24 jobs and $142,325 was used to fund payroll.

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

SUMMIT LOGISTICS INC.

Date Approved

04/07/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

SUMMIT LOGISTICS INC.

Borrower Address

PO BOX 3833

Borrower City

MUSCLE SHOALS

Borrower State

AL

Borrower Zip

35662-3833

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

142325.00

Current Approval Amount

142325.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19133

Servicing Lender Name

United Community Bank

Servicing Lender Address

177 Hwy 515 E

Servicing Lender City

BLAIRSVILLE

Servicing Lender State

GA

Servicing Lender Zip

30512-8579

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MUSCLE SHOALS

Project County Name

COLBERT

Project State

AL

Project Zip

35662-3833

CD

AL-04

Jobs Reported

24

NAICS Code

492110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

142325.00

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

19133

Originating Lender

United Community Bank

Originating Lender City

BLAIRSVILLE

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

143135.46

Forgiveness Date

11/05/2020

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