PPP Loan information for Summit financial group inc

$148,344

Summit financial group inc was initially approved for PPP Loan of amount $148,344, the current approved amount is $148,344. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 10 jobs and $148,344 was used to fund payroll.

Summit financial group inc is New Business or 2 years or less

PPP Loan Search / CT / MILFORD / Summit financial group inc

SUMMIT FINANCIAL GROUP INC

Date Approved

05/01/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

SUMMIT FINANCIAL GROUP INC

Borrower Address

288 BROAD ST

Borrower City

MILFORD

Borrower State

CT

Borrower Zip

06460-3226

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148344.00

Current Approval Amount

148344.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

MILFORD

Project County Name

NEW HAVEN

Project State

CT

Project Zip

06460-3226

CD

CT-03

Jobs Reported

10

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

148344.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

149559.20

Forgiveness Date

02/25/2021

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