# PPP loan: SUMMIT PROCESS SYSTEMS LLC
> **$266K** approved 05/01/2020 · Paid in Full · Loan `5406457700`
## Borrower
- **Name:** SUMMIT PROCESS SYSTEMS LLC
- **Address:** 25604 S 154TH ST, GILBERT, AZ, 85298-9707
- **NAICS:** 332312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $268K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Jobs reported:** 16
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*