# PPP loan: SUMMIT PREP, LLC
> **$152K** approved 04/11/2020 · Paid in Full · Loan `2864047100`
## Borrower
- **Name:** SUMMIT PREP, LLC
- **Address:** 475 SPRINGFIELD AVE 220, SUMMIT, NJ, 07901-2600
- **NAICS:** 812990
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $171K
- **Forgiven:** $154K (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 14
## Lender
- **Originating:** BayFirst National Bank
- **Servicing:** BayFirst National Bank (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*