PPP Loan information for Summit hospitality group, ltd.

$1,058,770

Summit hospitality group, ltd. was initially approved for PPP Loan of amount $1,058,770, the current approved amount is $1,058,770. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 69 jobs and $1,058,770 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

04/12/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

SUMMIT HOSPITALITY GROUP, LTD.

Borrower Address

3141 JOHN HUMPHRIES WYND

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27612

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1058770.00

Current Approval Amount

1058770.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

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

27612-0001

CD

NC-02

Jobs Reported

69

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1058770.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1073070.65

Forgiveness Date

08/30/2021

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