# PPP loan: SUMMIT PLASTIC MOLDING, II INC.
> **$381K** approved 04/29/2020 · Paid in Full · Loan `2645437306`
## Borrower
- **Name:** SUMMIT PLASTIC MOLDING, II INC.
- **Address:** 201 S. Darrington, Horizon City, TX, 79928-7447
- **NAICS:** 326199
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $383K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $305K
- **Mortgage interest:** $76K
- **Jobs reported:** 67
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*