PPP Loan information for Summit property management group, llc

$400,000

Summit property management group, llc was initially approved for PPP Loan of amount $400,000, the current approved amount is $400,000. The loan was approved on 04/07/2020 by The Berkshire Bank reported 36 jobs and $400,000 was used to fund payroll.

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

SUMMIT PROPERTY MANAGEMENT GROUP, LLC

Date Approved

04/07/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

SUMMIT PROPERTY MANAGEMENT GROUP, LLC

Borrower Address

7 Aspen Drive Suite 1

Borrower City

SOUTH BURLINGTON

Borrower State

VT

Borrower Zip

05403-6242

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

400000.00

Current Approval Amount

400000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SOUTH BURLINGTON

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05403-6242

CD

VT-

Jobs Reported

36

NAICS Code

531190

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

160000.00

Mortgage Interest Proceed

0.00

Rent Proceed

240000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

402750.68

Forgiveness Date

01/06/2021

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