# PPP loan: SUMMIT MORTGAGE CORPORATION
> **$1.05M** approved 05/01/2020 · Paid in Full · Loan `8145097704`
## Borrower
- **Name:** SUMMIT MORTGAGE CORPORATION
- **Address:** 4700 MACADAM AVE SW, PORTLAND, OR, 97239
- **NAICS:** 522292
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.05M
- **Initial approval:** $1.05M
- **Forgiven:** $1.07M (101%)
- **Forgiveness date:** 08/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.05M
- **Jobs reported:** 53
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*