DALLAS, TX
As part of the Paycheck Protection Program SUMMIT FINANCIAL GROUP was approved for a loan.
The Paycheck Protection Program (PPP) was designed to provide a direct incentive for small businesses to keep their workers on the payroll. It ended in August 2020, but a new PPP bill is being considered.
| Loan Amount | $885,115 |
| BusinessName | SUMMIT FINANCIAL GROUP |
| Address | 5420 LBJ Parkway |
| City | DALLAS |
| State | TX |
| Zip | 75240 |
| NAICSCode | 524210 |
| BusinessType | Corporation |
| RaceEthnicity | White |
| Gender | Male Owned |
| Veteran | Non-Veteran |
| NonProfit | |
| JobsReported | 64 |
| DateApproved | 04/06/2020 |
| Lender | Arvest Bank |
| CD | TX-24 |
| BusinessName.clean | SUMMIT FINANCIAL GROUP |
The data come from a release of over 5 million records by the SBA in November, 2020.
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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