# PPP loan: SUMMIT FOODS INC
> **$451K** approved 04/12/2020 · Paid in Full · Loan `4138237103`
## Borrower
- **Name:** SUMMIT FOODS INC
- **Address:** 535 4TH AVE, CORNELIUS, OR, 97113-9140
- **NAICS:** 311919
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $451K
- **Initial approval:** $451K
- **Forgiven:** $454K (101%)
- **Forgiveness date:** 12/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $451K
- **Jobs reported:** 52
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*