# PPP loan: SUMMIT AEROSPACE, INC.
> **$1.99M** approved 04/16/2020 · Paid in Full · Loan `3077597205`
## Borrower
- **Name:** SUMMIT AEROSPACE, INC.
- **Address:** 8130 NW 74TH AVE, MEDLEY, FL, 33166-7402
- **NAICS:** 488190
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.99M
- **Jobs reported:** 170
## Lender
- **Originating:** Synovus Bank
- **Servicing:** Synovus Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*