PPP Loan information for Summit steel corporation

$230,500

Summit steel corporation was initially approved for PPP Loan of amount $230,500, the current approved amount is $230,500. The loan was approved on 04/27/2020 by The First Federal Savings & Loan Association of Lakewood reported 11 jobs and $230,500 was used to fund payroll.

Summit steel corporation is Existing or more than 2 years old

SUMMIT STEEL CORPORATION

Date Approved

04/27/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

SUMMIT STEEL CORPORATION

Borrower Address

16750 HILLTOP PARK PL

Borrower City

CHAGRIN FALLS

Borrower State

OH

Borrower Zip

44023-4500

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

230500.00

Current Approval Amount

230500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

81934

Servicing Lender Name

First Federal Savings & Loan Association of Lakewood

Servicing Lender Address

14806 Detroit Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

OH

Servicing Lender Zip

44107-3910

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHAGRIN FALLS

Project County Name

GEAUGA

Project State

OH

Project Zip

44023-4500

CD

OH-14

Jobs Reported

11

NAICS Code

423510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

230500.00

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

81934

Originating Lender

First Federal Savings & Loan Association of Lakewood

Originating Lender City

LAKEWOOD

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

232772.99

Forgiveness Date

05/03/2021

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