Summit Mortgage Corporation
$2,235,255 PPP Loan in Minneapolis, Minnesota
Loan Details
- Loan Number
- 5455847009
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,235,255
- Current Approval
- $2,235,255
- Forgiveness Amount
- $2,261,892
- Forgiveness Date
- Jun 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Summit Mortgage Corporation
- Address
- 1335 10th Ave N, Suite 100
- City
- Minneapolis
- State
- Minnesota
- ZIP Code
- 55441-5553
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Finance and Insurance (522390)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 176
- Estimated Revenue
- $90.4M
- Rural/Urban
- Urban
- Congressional District
- MN-03
Loan Use Breakdown
- Payroll
- $2,149,755
- Rent
- $82,000
- Utilities
- $3,500
Lender Information
- Servicing Lender
- Scale Bank
- Originating Lender
- Scale Bank
Other PPP Loans in Minneapolis, MN
| Business | Approved | |
|---|---|---|
| Adams Communications Company, LLC | $10,000,000 | |
| Young Mens Christian Association of the North | $10,000,000 | |
| Border Foods INC | $10,000,000 | |
| Fredrikson & Byron, P.a. | $10,000,000 | |
| Salo, LLC | $10,000,000 |
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