# PPP loan: SUMMIT CHICAGO, LLC
> **$271K** approved 04/07/2020 · Paid in Full · Loan `6516397004`
## Borrower
- **Name:** SUMMIT CHICAGO, LLC
- **Address:** 205 N. MICHIGAN AVE 10th Floor, CHICAGO, IL, 60601-3009
- **NAICS:** 531120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $271K
- **Initial approval:** $271K
- **Forgiven:** $273K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $271K
- **Jobs reported:** 14
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*