# PPP loan: SUMMIT ADVANTAGE, LLC
> **$172K** approved 04/09/2020 · Paid in Full · Loan `9719377002`
## Borrower
- **Name:** SUMMIT ADVANTAGE, LLC
- **Address:** 3340 W. Market. 0.0, Fairlawn, OH, 44333-3381
- **NAICS:** 561422
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $25K
- **Health care:** $17K
- **Jobs reported:** 13
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*