Summit Anchor Company, Inc.

$251,006 PPP Loan in Frederick, Maryland

Loan Details

Loan Number
9030447108
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$251,006
Current Approval
$251,006
Forgiveness Amount
$253,729
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Summit Anchor Company, Inc.
Address
4507 Metropolitan Court, Suite F
ZIP Code
21704
Business Type
Corporation
Industry (NAICS)
Manufacturing (333923)
Business Age
Existing or more than 2 years old
Jobs Reported
24
Estimated Revenue
$6.3M
Rural/Urban
Urban
Congressional District
MD-06

Loan Use Breakdown

Payroll
$188,255
Utilities
$62,752

Lender Information

Servicing Lender
Sandy Spring Bank
Originating Lender
Sandy Spring Bank

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