PPP Loan information for Summit mechanical inc

$491,565

Summit mechanical inc was initially approved for PPP Loan of amount $491,565, the current approved amount is $491,565. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 33 jobs and $491,565 was used to fund payroll.

Summit mechanical inc is Existing or more than 2 years old

SUMMIT MECHANICAL INC

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

SUMMIT MECHANICAL INC

Borrower Address

304 Carson Drive

Borrower City

Bear

Borrower State

DE

Borrower Zip

19701

Loan Status Date

09/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

491565.45

Current Approval Amount

491565.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bear

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19701-0001

CD

DE-

Jobs Reported

33

NAICS Code

238220

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

491565.45

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

498160.62

Forgiveness Date

08/26/2021

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