PPP Loan information for Summit tool works, inc

$59,938

Summit tool works, inc was initially approved for PPP Loan of amount $59,938, the current approved amount is $59,938. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 5 jobs and $59,938 was used to fund payroll.

Summit tool works, inc is Existing or more than 2 years old

PPP Loan Search / WI / RACINE / Summit tool works, inc

SUMMIT TOOL WORKS, INC

Date Approved

05/01/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

SUMMIT TOOL WORKS, INC

Borrower Address

1833 OAKDALE AVE

Borrower City

RACINE

Borrower State

WI

Borrower Zip

53406

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

59938.00

Current Approval Amount

59938.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

RACINE

Project County Name

RACINE

Project State

WI

Project Zip

53406-1001

CD

WI-01

Jobs Reported

5

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

59938.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60369.22

Forgiveness Date

01/25/2021

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