# PPP loan: SUMMIT NUT COMPANY, LLC
> **$1.98M** approved 05/01/2020 · Exemption 4 · Loan `5702527702`
## Borrower
- **Name:** SUMMIT NUT COMPANY, LLC
- **Address:** 1797 N COCHISE STRONGHOLD RD, COCHISE, AZ, 85606-8650
- **NAICS:** 445292
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.98M
- **Initial approval:** $30K
- **Forgiven:** $30K (2%)
- **Forgiveness date:** 06/15/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.98M
- **Jobs reported:** 34
## 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*