PPP borrower record
THE SUMMIT ELECTRIC GROUP,INC. PPP loan record
Public SBA PPP loan record for THE SUMMIT ELECTRIC GROUP,INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$390,000
Approved amount
$392,048
Forgiven amount
2020-04-10
Date approved
Borrower and loan details
Borrower
THE SUMMIT ELECTRIC GROUP,INC.
Loan number
1292217102
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Ripley
Borrower state
West Virginia
Borrower ZIP
25271
Jobs reported
24
Loan status
Paid in Full
Forgiveness date
2020-11-03
Servicing lender
Peoples Bank
Originating lender
Peoples Bank
Reported use of proceeds
Payroll
$292,500
Rent
$97,500
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.