PPP Loan information for Summit tool company inc

$24,915

Summit tool company inc was initially approved for PPP Loan of amount $24,915, the current approved amount is $24,915. The loan was approved on 02/24/2021 by The Wells Fargo Bank, National Association reported 2 jobs and $24,915 was used to fund payroll.

Summit tool company inc is Existing or more than 2 years old

SUMMIT TOOL COMPANY INC

Date Approved

02/24/2021

SBA Office Code

0299

Processing Method

PPP

Borrower Name

SUMMIT TOOL COMPANY INC

Borrower Address

719 23rd St

Borrower City

Union City

Borrower State

NJ

Borrower Zip

07087-2112

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24915.00

Current Approval Amount

24915.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Union City

Project County Name

HUDSON

Project State

NJ

Project Zip

07087-2112

CD

NJ-08

Jobs Reported

2

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24915.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25024.90

Forgiveness Date

08/06/2021

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