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Summit Electric INC

$425,000 PPP Loan in Troy, Michigan

Loan Details

Loan Number
6988407101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$425,000
Current Approval
$425,000
Forgiveness Amount
$429,564
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Electric INC
Address
2544 Acacia Dr
City
Troy
State
Michigan
ZIP Code
48083-1901
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
29
Estimated Revenue
$9.5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$425,000

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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