PPP Loan information for Summits 7 inc.

$95,506

Summits 7 inc. was initially approved for PPP Loan of amount $95,506, the current approved amount is $95,506. The loan was approved on 02/02/2021 by The Community Bank, National Association reported 8 jobs and $95,506 was used to fund payroll.

Summits 7 inc. is Existing or more than 2 years old

SUMMITS 7 INC.

Date Approved

02/02/2021

SBA Office Code

0150

Processing Method

PPS

Borrower Name

SUMMITS 7 INC.

Borrower Address

450 Weaver St

Borrower City

Winooski

Borrower State

VT

Borrower Zip

05404-4401

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95506.00

Current Approval Amount

95506.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

47029

Servicing Lender Name

Community Bank, National Association

Servicing Lender Address

45-49 Court St

Servicing Lender City

CANTON

Servicing Lender State

NY

Servicing Lender Zip

13617-1118

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Winooski

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05404-4401

CD

VT-

Jobs Reported

8

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

95501.00

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

Subchapter S Corporation

Originating Lender Location Id

47029

Originating Lender

Community Bank, National Association

Originating Lender City

CANTON

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

96455.83

Forgiveness Date

02/03/2022

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