PPP Loan information for Summit mortgage corporation

$2,235,255

Summit mortgage corporation was initially approved for PPP Loan of amount $2,235,255, the current approved amount is $2,235,255. The loan was approved on 04/05/2020 by The Fidelity Bank reported 176 jobs and $2,235,255 was used to fund payroll.

Summit mortgage corporation is Existing or more than 2 years old

PPP Loan Search / MN / MINNEAPOLIS / Summit mortgage corporation

SUMMIT MORTGAGE CORPORATION

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

SUMMIT MORTGAGE CORPORATION

Borrower Address

1335 10TH AVE N, SUITE 100

Borrower City

MINNEAPOLIS

Borrower State

MN

Borrower Zip

55441-5553

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2235255.00

Current Approval Amount

2235255.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38024

Servicing Lender Name

Fidelity Bank

Servicing Lender Address

7600 Parklawn Ave

Servicing Lender City

EDINA

Servicing Lender State

MN

Servicing Lender Zip

55435-5125

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MINNEAPOLIS

Project County Name

HENNEPIN

Project State

MN

Project Zip

55441-5553

CD

MN-03

Jobs Reported

176

NAICS Code

522390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

3500.00

Payroll Proceed

2149755.00

Mortgage Interest Proceed

0.00

Rent Proceed

82000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

38024

Originating Lender

Fidelity Bank

Originating Lender City

EDINA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2261891.79

Forgiveness Date

06/18/2021

;