PPP Loan information for Summit subway llc

$1,954,600

Summit subway llc was initially approved for PPP Loan of amount $2,263,300, the current approved amount is $1,954,600. The loan was approved on 04/10/2020 by The Independent Bank reported 500 jobs and $1,954,600 was used to fund payroll.

Summit subway llc is Existing or more than 2 years old

SUMMIT SUBWAY LLC

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SUMMIT SUBWAY LLC

Borrower Address

3518 HARTSEL DR

Borrower City

COLORADO SPRINGS

Borrower State

CO

Borrower Zip

80920-4165

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2263300.00

Current Approval Amount

1954600.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

COLORADO SPRINGS

Project County Name

EL PASO

Project State

CO

Project Zip

80920-4165

CD

CO-05

Jobs Reported

500

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

146214.00

Payroll Proceed

1181886.00

Mortgage Interest Proceed

102387.00

Rent Proceed

524113.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1976154.89

Forgiveness Date

05/21/2021

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