As part of the Paycheck Protection Program SUMIT CONSTRUCTION, INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

SUMIT CONSTRUCTION, INC


Loan Amount	$1,546,366
BusinessName	SUMIT CONSTRUCTION, INC
Address	4150 W Wrightwood Ave
City	Chicago
State	IL
Zip	60639
NAICSCode	237310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	72
DateApproved	04/15/2020
Lender	Inland Bank and Trust
CD	IL-04
BusinessName.clean	SUMIT CONSTRUCTION

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

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