Summit City Steel Erection, LLC

$322,400 PPP Loan in South Whitley, Indiana

Loan Details

Loan Number
5315507010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$322,400
Current Approval
$322,400
Forgiveness Amount
$324,567
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit City Steel Erection, LLC
Address
7004 West 350 South
State
Indiana
ZIP Code
46787-9628
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238120)
Business Age
New Business or 2 years or less
Jobs Reported
31
Estimated Revenue
$7.2M
Rural/Urban
Rural
Congressional District
IN-03

Loan Use Breakdown

Payroll
$286,132
Rent
$4,000
Utilities
$4,400
Health Care
$13,113
Debt Interest
$14,755

Lender Information

Servicing Lender
Lake City Bank
Originating Lender
Lake City Bank

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