# PPP loan: SUMMIT CUSTOM SPRAY DRYING INC.
> **$419K** approved 03/26/2021 · Paid in Full · Loan `1212588704`
## Borrower
- **Name:** SUMMIT CUSTOM SPRAY DRYING INC.
- **Address:** 45 River Rd Ste 201, Flemington, NJ, 08822-6026
- **NAICS:** 311423
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $419K
- **Initial approval:** $419K
- **Forgiven:** $421K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $419K
- **Utilities:** $1
- **Jobs reported:** 23
## Lender
- **Originating:** Provident Bank
- **Servicing:** Provident Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*