# PPP loan: SUMMIT CORPORATION OF AMERICA
> **$991K** approved 02/04/2021 · Paid in Full · Loan `3028888405`
## Borrower
- **Name:** SUMMIT CORPORATION OF AMERICA
- **Address:** 1430 Waterbury Rd, Thomaston, CT, 06787-2029
- **NAICS:** 332813
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $991K
- **Initial approval:** $991K
- **Forgiven:** $996K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $991K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Thomaston Savings Bank
- **Servicing:** Thomaston Savings Bank (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*