# PPP loan: SUMMIT ELECTRIC & DATA, INC.
> **$289K** approved 04/29/2020 · Paid in Full · Loan `2432217306`
## Borrower
- **Name:** SUMMIT ELECTRIC & DATA, INC.
- **Address:** 28338 CONSTELLATION RD, VALENCIA, CA, 91355
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $289K
- **Initial approval:** $289K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 04/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $289K
- **Jobs reported:** 26
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*