PPP Loan information for Summit properties and development co. inc.

$1,177,185

Summit properties and development co. inc. was initially approved for PPP Loan of amount $1,177,185, the current approved amount is $1,177,185. The loan was approved on 04/03/2021 by The JPMorgan Chase Bank, National Association reported 89 jobs and $1,177,185 was used to fund payroll.

Summit properties and development co. inc. is Existing or more than 2 years old

SUMMIT PROPERTIES AND DEVELOPMENT CO. INC.

Date Approved

04/03/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

SUMMIT PROPERTIES AND DEVELOPMENT CO. INC.

Borrower Address

6445 Citation Dr Ste G

Borrower City

Clarkston

Borrower State

MI

Borrower Zip

48346-2996

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1177185.00

Current Approval Amount

1177185.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Clarkston

Project County Name

OAKLAND

Project State

MI

Project Zip

48346-2996

CD

MI-09

Jobs Reported

89

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1177182.00

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

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1188400.96

Forgiveness Date

03/23/2022

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