# PPP loan: SUMMIT TRANSMISSION INC
> **$195K** approved 04/27/2020 · Paid in Full · Loan `5880277201`
## Borrower
- **Name:** SUMMIT TRANSMISSION INC
- **Address:** 2133 wEST COLISEUM BLVD, FORT WAYNE, IN, 46808-3630
- **NAICS:** 811198
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $195K
- **Initial approval:** $195K
- **Forgiven:** $197K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $195K
- **Jobs reported:** 25
## Lender
- **Originating:** Three Rivers FCU
- **Servicing:** Three Rivers FCU (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*