PPP Loan information for Summit machine inc.

$185,000

Summit machine inc. was initially approved for PPP Loan of amount $185,000, the current approved amount is $185,000. The loan was approved on 01/19/2021 by The Sunrise Banks, National Association reported 9 jobs and $185,000 was used to fund payroll.

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

PPP Loan Search / MN / Shoreview / Summit machine inc.

SUMMIT MACHINE INC.

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SUMMIT MACHINE INC.

Borrower Address

561 Shoreview Park Rd

Borrower City

Shoreview

Borrower State

MN

Borrower Zip

55126-7014

Loan Status Date

03/02/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

185000.00

Current Approval Amount

185000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38858

Servicing Lender Name

Sunrise Banks, National Association

Servicing Lender Address

200 University Ave West

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55103-2074

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shoreview

Project County Name

RAMSEY

Project State

MN

Project Zip

55126-7014

CD

MN-04

Jobs Reported

9

NAICS Code

332710

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

184998.00

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

38858

Originating Lender

Sunrise Banks, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

186586.44

Forgiveness Date

12/01/2021

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