# PPP loan: SUMMIT DISTRIBUTING
> **$346K** approved 02/17/2021 · Paid in Full · Loan `9584578404`
## Borrower
- **Name:** SUMMIT DISTRIBUTING
- **Address:** 240 Mechanic St, Lebanon, NH, 03766-2617
- **NAICS:** 424720
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $346K
- **Initial approval:** $346K
- **Forgiven:** $348K (100%)
- **Forgiveness date:** 08/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $346K
- **Jobs reported:** 84
## Lender
- **Originating:** Webster Bank National Association
- **Servicing:** Webster Bank National Association (CT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*