PPP Loan information for Summits 7, inc.

$103,011

Summits 7, inc. was initially approved for PPP Loan of amount $103,011, the current approved amount is $103,011. The loan was approved on 04/28/2020 by The Community Bank, National Association reported 10 jobs and $103,011 was used to fund payroll.

Summits 7, inc. is New Business or 2 years or less

SUMMITS 7, INC.

Date Approved

04/28/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

SUMMITS 7, INC.

Borrower Address

450 Weaver Street

Borrower City

WINOOSKI

Borrower State

VT

Borrower Zip

05404

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

103011.00

Current Approval Amount

103011.00

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

New Business or 2 years or less

Project City

WINOOSKI

Project County Name

CHITTENDEN

Project State

VT

Project Zip

05404-0001

CD

VT-

Jobs Reported

10

NAICS Code

323111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

103011.00

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

104312.04

Forgiveness Date

08/05/2021

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