# PPP loan: SUMMIT CONSTRUCTION CO, INC.
> **$400K** approved 04/10/2020 · Paid in Full · Loan `1530697102`
## Borrower
- **Name:** SUMMIT CONSTRUCTION CO, INC.
- **Address:** 1107 BURDSAL PKWY, INDIANAPOLIS, IN, 46208-5458
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $400K
- **Initial approval:** $400K
- **Forgiven:** $403K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Jobs reported:** 23
## Lender
- **Originating:** First Merchants Bank
- **Servicing:** First Merchants Bank (IN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*