Summit Food Systems, Inc.

$92,500 PPP Loan in Mason, Michigan

Loan Details

Loan Number
1709167107
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$92,500
Current Approval
$92,500
Forgiveness Amount
$93,324
Forgiveness Date
Mar 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Food Systems, Inc.
Address
660 N Cedar St
City
Mason
ZIP Code
48854-1017
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Franchise
Big Boy
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
$6.2M
Rural/Urban
Urban
Congressional District
MI-07

Loan Use Breakdown

Payroll
$77,000
Rent
$7,500
Utilities
$8,000

Lender Information

Servicing Lender
Commercial Bank
Originating Lender
Commercial Bank

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