# PPP loan: SUMMIT ORTHOPAEDICS, LLP
> **$390K** approved 05/01/2020 · Paid in Full · Loan `1908417701`
## Borrower
- **Name:** SUMMIT ORTHOPAEDICS, LLP
- **Address:** 501 N Graham St., Suite 250, Portland, OR, 97227
- **NAICS:** 621111
- **Business type:** Limited Liability Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $390K
- **Initial approval:** $390K
- **Forgiven:** $147K (38%)
- **Forgiveness date:** 03/19/2024
- **Status:** Paid in Full
- **Term:** 2 months
## Use of funds
- **Payroll:** $275K
- **Rent:** $64K
- **Utilities:** $6K
- **Health care:** $45K
- **Jobs reported:** 23
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*