PPP Loan information for Summit management group, inc

$539,800

Summit management group, inc was initially approved for PPP Loan of amount $539,800, the current approved amount is $539,800. The loan was approved on 04/07/2020 by The Centennial Bank reported 45 jobs and $539,800 was used to fund payroll.

Summit management group, inc is Existing or more than 2 years old

PPP Loan Search / TN / MILAN / Summit management group, inc

SUMMIT MANAGEMENT GROUP, INC

Date Approved

04/07/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SUMMIT MANAGEMENT GROUP, INC

Borrower Address

1148 S MAIN ST

Borrower City

MILAN

Borrower State

TN

Borrower Zip

38358-2726

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

539800.00

Current Approval Amount

539800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68894

Servicing Lender Name

Centennial Bank

Servicing Lender Address

5420 Broad St S

Servicing Lender City

TREZEVANT

Servicing Lender State

TN

Servicing Lender Zip

38258-3098

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MILAN

Project County Name

GIBSON

Project State

TN

Project Zip

38358-2726

CD

TN-08

Jobs Reported

45

NAICS Code

532310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

539800.00

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

68894

Originating Lender

Centennial Bank

Originating Lender City

TREZEVANT

Originating Lender State

TN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

543393.74

Forgiveness Date

12/08/2020

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