PPP Loan information for Summit hospitality group ltd.

$1,393,864

Summit hospitality group ltd. was initially approved for PPP Loan of amount $1,393,864, the current approved amount is $1,393,864. The loan was approved on 02/22/2021 by The Dogwood State Bank reported 66 jobs and $1,393,864 was used to fund payroll.

Summit hospitality group ltd. is Existing or more than 2 years old

PPP Loan Search / NC / Raleigh / Summit hospitality group ltd.

SUMMIT HOSPITALITY GROUP LTD.

Date Approved

02/22/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

SUMMIT HOSPITALITY GROUP LTD.

Borrower Address

3141 John Humphries Wynd Ste 200

Borrower City

Raleigh

Borrower State

NC

Borrower Zip

27612-5383

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1393864.00

Current Approval Amount

1393864.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

233057

Servicing Lender Name

Dogwood State Bank

Servicing Lender Address

5401 Six Forks Rd

Servicing Lender City

RALEIGH

Servicing Lender State

NC

Servicing Lender Zip

27609-4462

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Raleigh

Project County Name

WAKE

Project State

NC

Project Zip

27612-5383

CD

NC-02

Jobs Reported

66

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1393859.00

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

233057

Originating Lender

Dogwood State Bank

Originating Lender City

RALEIGH

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1406253.90

Forgiveness Date

01/11/2022

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