Date Approved
04/07/2020
SBA Office Code
0353
Processing Method
PPP
Borrower Name
SUMMIT GROUP, LLC
Borrower Address
11961 Tech Road
Borrower City
SILVER SPRING
Borrower State
MD
Borrower Zip
20904-1911
Loan Status Date
01/31/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
2245800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
116998
Servicing Lender Name
CIBC Bank USA
Servicing Lender Address
120 S LaSalle St
Servicing Lender City
CHICAGO
Servicing Lender State
IL
Servicing Lender Zip
60603-3403
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONTGOMERY
Project State
Project Zip
CD
MD-08
Jobs Reported
154
NAICS Code
541613
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
2278348.72
Forgiveness Date
09/22/2021