# PPP loan: SUMMIT INDUSTRIAL MAINTENANCE, INC.
> **$430K** approved 04/11/2020 · Paid in Full · Loan `2877417103`
## Borrower
- **Name:** SUMMIT INDUSTRIAL MAINTENANCE, INC.
- **Address:** 3065 DRYDEN RD, MORAINE, OH, 45439-1619
- **NAICS:** 531120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $430K
- **Initial approval:** $430K
- **Forgiven:** $436K (101%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $376K
- **Rent:** $25K
- **Utilities:** $5K
- **Health care:** $25K
- **Jobs reported:** 44
## Lender
- **Originating:** Civista Bank
- **Servicing:** Civista Bank (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*