# PPP loan: WILLIAM E SUMMERS JR + LOIS ANN SUMMERS
> **$613K** approved 04/10/2020 · Paid in Full · Loan `1547377107`
## Borrower
- **Name:** WILLIAM E SUMMERS JR + LOIS ANN SUMMERS
- **Address:** 15450 S Outer Forty Rd, CHESTERFIELD, MO, 63017-2066
- **NAICS:** 541211
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $613K
- **Initial approval:** $613K
- **Forgiven:** $617K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Rent:** $53K
- **Utilities:** $1K
- **Jobs reported:** 38
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*