PPP Loan information for Summit ventures llc

$272,223

Summit ventures llc was initially approved for PPP Loan of amount $272,223, the current approved amount is $272,223. The loan was approved on 01/19/2021 by The The Bank of Elk River reported 31 jobs and $272,223 was used to fund payroll.

Summit ventures llc is Existing or more than 2 years old

PPP Loan Search / MN / Champlin / Summit ventures llc

SUMMIT VENTURES LLC

Date Approved

01/19/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

SUMMIT VENTURES LLC

Borrower Address

705 W River Pkwy

Borrower City

Champlin

Borrower State

MN

Borrower Zip

55316-1291

Loan Status Date

09/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

272223.00

Current Approval Amount

272223.00

Undisbursed Amount

0.00

Franchise Name

Perkins Restaurant & Bakery

Servicing Lender Location Id

38030

Servicing Lender Name

The Bank of Elk River

Servicing Lender Address

630 Main St

Servicing Lender City

ELK RIVER

Servicing Lender State

MN

Servicing Lender Zip

55330-1503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Champlin

Project County Name

HENNEPIN

Project State

MN

Project Zip

55316-1291

CD

MN-03

Jobs Reported

31

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

272218.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

38030

Originating Lender

The Bank of Elk River

Originating Lender City

ELK RIVER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273960.75

Forgiveness Date

09/15/2021

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