PPP Loan information for Summit foods inc

$79,300

Summit foods inc was initially approved for PPP Loan of amount $79,300, the current approved amount is $79,300. The loan was approved on 01/27/2021 by The Peoples Independent Bank reported 18 jobs and $79,300 was used to fund payroll.

Summit foods inc is Existing or more than 2 years old

PPP Loan Search / AL / Scottsboro / Summit foods inc

SUMMIT FOODS INC

Date Approved

01/27/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

SUMMIT FOODS INC

Borrower Address

825 S Broad St

Borrower City

Scottsboro

Borrower State

AL

Borrower Zip

35768-2558

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

79300.00

Current Approval Amount

79300.00

Undisbursed Amount

0.00

Franchise Name

Hardee's

Servicing Lender Location Id

112423

Servicing Lender Name

Peoples Independent Bank

Servicing Lender Address

121 Billy B Dyar Blvd

Servicing Lender City

BOAZ

Servicing Lender State

AL

Servicing Lender Zip

35957

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Scottsboro

Project County Name

JACKSON

Project State

AL

Project Zip

35768-2558

CD

AL-05

Jobs Reported

18

NAICS Code

722513

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

79298.00

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

112423

Originating Lender

Peoples Independent Bank

Originating Lender City

BOAZ

Originating Lender State

AL

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79683.28

Forgiveness Date

07/28/2021

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