PPP Loan information for Summit plastics inc.

$993,700

Summit plastics inc. was initially approved for PPP Loan of amount $993,700, the current approved amount is $993,700. The loan was approved on 04/07/2020 by The Origin Bank reported 97 jobs and $993,700 was used to fund payroll.

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

SUMMIT PLASTICS INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

SUMMIT PLASTICS INC.

Borrower Address

107 SOUTH LAUREL ST

Borrower City

SUMMIT

Borrower State

MS

Borrower Zip

39666-9349

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

993700.00

Current Approval Amount

993700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

28153

Servicing Lender Name

Origin Bank

Servicing Lender Address

3921 Elm St

Servicing Lender City

CHOUDRANT

Servicing Lender State

LA

Servicing Lender Zip

71227-3082

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SUMMIT

Project County Name

PIKE

Project State

MS

Project Zip

39666-9349

CD

MS-03

Jobs Reported

97

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

248425.00

Payroll Proceed

745275.00

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

28153

Originating Lender

Origin Bank

Originating Lender City

CHOUDRANT

Originating Lender State

LA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1004133.85

Forgiveness Date

04/29/2021

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