Summit Retail Solutions INC

$2,000,000 PPP Loan in New Bedford, Massachusetts

Loan Details

Loan Number
3086598508
Date Approved
Feb 22, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,015,781
Forgiveness Date
Dec 9, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Summit Retail Solutions INC
Address
227 Union St Fl 3
ZIP Code
02740-5976
Business Type
Corporation
Industry (NAICS)
Retail Trade (454390)
Business Age
Existing or more than 2 years old
Jobs Reported
121
Estimated Revenue
$28.9M
Rural/Urban
Urban
Congressional District
MA-09

Loan Use Breakdown

Payroll
$1,999,995
Utilities
$1

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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