# PPP loan: SUMMIT MANAGEMENT GROUP, INC
> **$540K** approved 04/07/2020 · Paid in Full · Loan `7481667006`
## Borrower
- **Name:** SUMMIT MANAGEMENT GROUP, INC
- **Address:** 1148 S MAIN ST, MILAN, TN, 38358-2726
- **NAICS:** 532310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $540K
- **Initial approval:** $540K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Jobs reported:** 45
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*