PPP Loan information for Summit place motors inc

$618,335

Summit place motors inc was initially approved for PPP Loan of amount $618,335, the current approved amount is $618,335. The loan was approved on 04/13/2020 by The The Huntington National Bank reported 38 jobs and $618,335 was used to fund payroll.

Summit place motors inc is Existing or more than 2 years old

PPP Loan Search / MI / AUBURN HILLS / Summit place motors inc

SUMMIT PLACE MOTORS INC

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMIT PLACE MOTORS INC

Borrower Address

4200 Interpark Drive.

Borrower City

AUBURN HILLS

Borrower State

MI

Borrower Zip

48326-1798

Loan Status Date

08/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

618335.00

Current Approval Amount

618335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

AUBURN HILLS

Project County Name

OAKLAND

Project State

MI

Project Zip

48326-1798

CD

MI-11

Jobs Reported

38

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

618335.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

625822.78

Forgiveness Date

07/09/2021

;