Summit Electric Co

$560,000 PPP Loan in Sykesville, Maryland

Loan Details

Loan Number
5078557107
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$560,000
Current Approval
$560,000
Forgiveness Amount
$564,387
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Electric Co
Address
5208 Klee Mill Rd S
ZIP Code
21784-9200
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$18.1M
Rural/Urban
Rural
Congressional District
MD-02

Loan Use Breakdown

Payroll
$560,000

Lender Information

Servicing Lender
Pnc Bank, National Association
Originating Lender
Pnc Bank, National Association

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