# PPP loan: SUMMIT GROUP, LLC
> **$2.25M** approved 04/07/2020 · Paid in Full · Loan `6842477010`
## Borrower
- **Name:** SUMMIT GROUP, LLC
- **Address:** 11961 Tech Road, SILVER SPRING, MD, 20904-1911
- **NAICS:** 541613
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.25M
- **Initial approval:** $2.25M
- **Forgiven:** $2.28M (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.25M
- **Jobs reported:** 154
## 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*