PPP Loan information for Summit management llc

$527,400

Summit management llc was initially approved for PPP Loan of amount $527,400, the current approved amount is $527,400. The loan was approved on 04/11/2020 by The Magnifi Financial CU reported 50 jobs and $527,400 was used to fund payroll.

Summit management llc is Existing or more than 2 years old

PPP Loan Search / MN / STILLWATER / Summit management llc

SUMMIT MANAGEMENT LLC

Date Approved

04/11/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT MANAGEMENT LLC

Borrower Address

6770 STILLWATER BLVD

Borrower City

STILLWATER

Borrower State

MN

Borrower Zip

55082-5440

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

527400.00

Current Approval Amount

527400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

99711

Servicing Lender Name

Magnifi Financial CU

Servicing Lender Address

20 4th Ave E

Servicing Lender City

MELROSE

Servicing Lender State

MN

Servicing Lender Zip

56352-1356

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

STILLWATER

Project County Name

WASHINGTON

Project State

MN

Project Zip

55082-5440

CD

MN-04

Jobs Reported

50

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

20000.00

Payroll Proceed

462400.00

Mortgage Interest Proceed

15000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

99711

Originating Lender

Magnifi Financial CU

Originating Lender City

MELROSE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

531344.66

Forgiveness Date

01/19/2021

;