# PPP loan: SUMMIT AVENUE MEDICAL P.A.
> **$150K** approved 05/01/2020 · Paid in Full · Loan `6424717704`
## Borrower
- **Name:** SUMMIT AVENUE MEDICAL P.A.
- **Address:** 5 SUMMIT AVE STE 101, HACKENSACK, NJ, 07601-1271
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 10
## 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*