PPP Loan information for Sumeru inc

$721,977

Sumeru inc was initially approved for PPP Loan of amount $721,977, the current approved amount is $721,977. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 41 jobs and $721,977 was used to fund payroll.

Sumeru inc is New Business or 2 years or less

SUMERU INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

SUMERU INC

Borrower Address

2401 15TH ST NW

Borrower City

WASHINGTON

Borrower State

DC

Borrower Zip

20009-4101

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

721977.00

Current Approval Amount

721977.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

WASHINGTON

Project County Name

DISTRICT OF COLUMBIA

Project State

DC

Project Zip

20009-4101

CD

DC-

Jobs Reported

41

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

721977.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

729355.01

Forgiveness Date

05/13/2021

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