PPP Loan information for Summit mfg and machining

$223,200

Summit mfg and machining was initially approved for PPP Loan of amount $223,200, the current approved amount is $223,200. The loan was approved on 04/11/2020 by The 1st Source Bank reported 16 jobs and $223,200 was used to fund payroll.

Summit mfg and machining is Existing or more than 2 years old

PPP Loan Search / IN / BREMEN / Summit mfg and machining

SUMMIT MFG AND MACHINING

Date Approved

04/11/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

SUMMIT MFG AND MACHINING

Borrower Address

723 HIGH RD

Borrower City

BREMEN

Borrower State

IN

Borrower Zip

46506-1067

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

223200.00

Current Approval Amount

223200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BREMEN

Project County Name

MARSHALL

Project State

IN

Project Zip

46506-1067

CD

IN-02

Jobs Reported

16

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

223200.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

224433.80

Forgiveness Date

11/03/2020

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