PPP Loan information for Summerhill llc

$1,342,455

Summerhill llc was initially approved for PPP Loan of amount $1,342,455, the current approved amount is $1,342,455. The loan was approved on 04/15/2020 by The Morris Bank reported 220 jobs and $1,342,455 was used to fund payroll.

Summerhill llc is Existing or more than 2 years old

SUMMERHILL LLC

Date Approved

04/15/2020

SBA Office Code

0405

Processing Method

PPP

Borrower Name

SUMMERHILL LLC

Borrower Address

505 STANLEY ST

Borrower City

PERRY

Borrower State

GA

Borrower Zip

31069-3144

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1342455.00

Current Approval Amount

1342455.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19412

Servicing Lender Name

Morris Bank

Servicing Lender Address

301 Bellevue Ave

Servicing Lender City

DUBLIN

Servicing Lender State

GA

Servicing Lender Zip

31021-6105

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PERRY

Project County Name

HOUSTON

Project State

GA

Project Zip

31069-3144

CD

GA-08

Jobs Reported

220

NAICS Code

623110

Race

Black or African American

Ethnicity

Unknown/NotStated

Utilities Proceed

55907.00

Payroll Proceed

1095203.00

Mortgage Interest Proceed

0.00

Rent Proceed

120000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

71345.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

19412

Originating Lender

Morris Bank

Originating Lender City

DUBLIN

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1357855.94

Forgiveness Date

06/11/2021

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