PPP Loan information for Summers dealer services, inc

$72,365

Summers dealer services, inc was initially approved for PPP Loan of amount $72,365, the current approved amount is $72,365. The loan was approved on 04/28/2020 by The Honor Bank reported 8 jobs and $72,365 was used to fund payroll.

Summers dealer services, inc is Existing or more than 2 years old

PPP Loan Search / MI / Grayling / Summers dealer services, inc

SUMMERS DEALER SERVICES, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

SUMMERS DEALER SERVICES, INC

Borrower Address

6211 W M-72 Hwy

Borrower City

Grayling

Borrower State

MI

Borrower Zip

49738-7462

Loan Status Date

03/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72365.00

Current Approval Amount

72365.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Grayling

Project County Name

CRAWFORD

Project State

MI

Project Zip

49738-7462

CD

MI-01

Jobs Reported

8

NAICS Code

561440

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

7999.00

Payroll Proceed

54366.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

72925.83

Forgiveness Date

02/10/2021

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