# PPP loan: SUMMIT AUTO PARTS AND SERVICE, INC.
> **$237K** approved 04/08/2020 · Paid in Full · Loan `8125737001`
## Borrower
- **Name:** SUMMIT AUTO PARTS AND SERVICE, INC.
- **Address:** 8052 BALL RD, FREDERICK, MD, 21704-7756
- **NAICS:** 423140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 27
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*