PPP Loan information for Summit steel & mfg. inc.

$922,297

Summit steel & mfg. inc. was initially approved for PPP Loan of amount $922,297, the current approved amount is $922,297. The loan was approved on 01/19/2021 by The American Bank reported 92 jobs and $922,297 was used to fund payroll.

Summit steel & mfg. inc. is Existing or more than 2 years old

PPP Loan Search / PA / Reading / Summit steel & mfg. inc.

SUMMIT STEEL & MFG. INC.

Date Approved

01/19/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SUMMIT STEEL & MFG. INC.

Borrower Address

1005 Patriot Pkwy

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605-2874

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

922297.00

Current Approval Amount

922297.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121552

Servicing Lender Name

American Bank

Servicing Lender Address

4029 W Tilghman St

Servicing Lender City

ALLENTOWN

Servicing Lender State

PA

Servicing Lender Zip

18104-4400

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-2874

CD

PA-04

Jobs Reported

92

NAICS Code

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

922295.00

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

121552

Originating Lender

American Bank

Originating Lender City

ALLENTOWN

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

928624.98

Forgiveness Date

09/24/2021

;