# PPP loan: SUMMIT ADMINISTRATIVE SERVICES LLC
> **$425K** approved 04/10/2020 · Paid in Full · Loan `2065097108`
## Borrower
- **Name:** SUMMIT ADMINISTRATIVE SERVICES LLC
- **Address:** 1415 MARAS ST, SHAKOPEE, MN, 55379-8800
- **NAICS:** 561110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $425K
- **Initial approval:** $425K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Jobs reported:** 31
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*