PPP Loan information for Summitt forests, inc.

$1,379,842

Summitt forests, inc. was initially approved for PPP Loan of amount $1,379,842, the current approved amount is $1,379,842. The loan was approved on 04/14/2020 by The U.S. Bank, National Association reported 113 jobs and $1,379,842 was used to fund payroll.

Summitt forests, inc. is Existing or more than 2 years old

SUMMITT FORESTS, INC.

Date Approved

04/14/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SUMMITT FORESTS, INC.

Borrower Address

5065 PACIFIC HWY S

Borrower City

PHOENIX

Borrower State

OR

Borrower Zip

97535

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1379842.00

Current Approval Amount

1379842.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PHOENIX

Project County Name

JACKSON

Project State

OR

Project Zip

97535-0001

CD

OR-02

Jobs Reported

113

NAICS Code

115310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1379842.00

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

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

1393947.05

Forgiveness Date

04/26/2021

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