PPP Loan information for Summit management and realty company

$348,533

Summit management and realty company was initially approved for PPP Loan of amount $348,533, the current approved amount is $348,533. The loan was approved on 01/22/2021 by The Embassy Bank for the Lehigh Valley reported 25 jobs and $348,533 was used to fund payroll.

Summit management and realty company is Existing or more than 2 years old

SUMMIT MANAGEMENT AND REALTY COMPANY

Date Approved

01/22/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SUMMIT MANAGEMENT AND REALTY COMPANY

Borrower Address

1620 Pond Rd Unit 150

Borrower City

Allentown

Borrower State

PA

Borrower Zip

18104-2255

Loan Status Date

02/23/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

348532.75

Current Approval Amount

348532.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

243892

Servicing Lender Name

Embassy Bank for the Lehigh Valley

Servicing Lender Address

100 Gateway Dr

Servicing Lender City

BETHLEHEM

Servicing Lender State

PA

Servicing Lender Zip

18017-9417

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Allentown

Project County Name

LEHIGH

Project State

PA

Project Zip

18104-2255

CD

PA-07

Jobs Reported

25

NAICS Code

531120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

348529.75

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

243892

Originating Lender

Embassy Bank for the Lehigh Valley

Originating Lender City

BETHLEHEM

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352018.08

Forgiveness Date

02/01/2022

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