# PPP loan: SUMMIT LABORATORIES, INC.
> **$163K** approved 04/09/2020 · Paid in Full · Loan `9627757001`
## Borrower
- **Name:** SUMMIT LABORATORIES, INC.
- **Address:** 17010 S. HALSTED ST, HARVEY, IL, 60426-6129
- **NAICS:** 325620
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $165K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $163K
- **Jobs reported:** 21
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*