As part of the Paycheck Protection Program SUMMIT GROUP, LLC 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.

SUMMIT GROUP, LLC


Loan Amount	$2,245,800
BusinessName	SUMMIT GROUP, LLC
Address	11961 Tech Road
City	SILVER SPRING
State	MD
Zip	20904
NAICSCode	541613
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	154
DateApproved	04/07/2020
Lender	CIBC Bank USA
CD	MD-03
BusinessName.clean	SUMMIT GROUP

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.

Other Organizations with PPP Loans

SUMMIT HANDLING SYSTEMS
SUMMIT HEARTLAND
SUMMIT HOME HEALTH CARE
SUMMIT HOSPITALITY GROUP LTD
SUMMIT INVESTMENT MANAGEMENT