# PPP loan: SUMMA AMERICA LLC
> **$200K** approved 05/01/2020 · Paid in Full · Loan `5220487700`
## Borrower
- **Name:** SUMMA AMERICA LLC
- **Address:** 100 CUMMINGS CTR STE 151G, BEVERLY, MA, 01915-6246
- **NAICS:** 423830
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $200K
- **Initial approval:** $129K
- **Forgiven:** $137K (69%)
- **Forgiveness date:** 01/28/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 8
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*