# PPP loan: SUMMIT IMPORT CORPORATION
> **$637K** approved 04/28/2020 · Paid in Full · Loan `8840717201`
## Borrower
- **Name:** SUMMIT IMPORT CORPORATION
- **Address:** 100 SUMMIT PL, JERSEY CITY, NJ, 07305-4524
- **NAICS:** 424410
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $637K
- **Initial approval:** $637K
- **Forgiven:** $642K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $637K
- **Jobs reported:** 75
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*