Summit Contracting INC

$387,500 PPP Loan in Platte, South Dakota

Loan Details

Loan Number
4507837004
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$387,500
Current Approval
$387,500
Forgiveness Amount
$390,568
Forgiveness Date
Jan 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Contracting INC
Address
36581 Sd Highway 44
City
Platte
ZIP Code
57369-6369
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (236210)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$35.3M
Rural/Urban
Rural
Congressional District
SD-

Loan Use Breakdown

Payroll
$350,831
Rent
$13,780
Utilities
$6,090
Health Care
$12,106
Mortgage Interest
$4,693

Lender Information

Servicing Lender
American Bank and Trust
Originating Lender
American Bank and Trust

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