Date Approved
04/28/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
SUMMIT MANAGEMENT SERVICES, INC.
Borrower Address
3833 Farragut Avenue
Borrower City
KENSINGTON
Borrower State
MD
Borrower Zip
20895-2004
Loan Status Date
10/16/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
403230.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
317920
Servicing Lender Name
Western Alliance Bank
Servicing Lender Address
1 E Washington St
Servicing Lender City
PHOENIX
Servicing Lender State
AZ
Servicing Lender Zip
85004-2492
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
36
NAICS Code
531311
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
2500.00
Payroll Proceed
376880.00
Mortgage Interest Proceed
Rent Proceed
23850.00
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
408964.83
Forgiveness Date
09/27/2021