PPP Loan information for Summit hotels llc

$97,310

Summit hotels llc was initially approved for PPP Loan of amount $97,310, the current approved amount is $97,310. The loan was approved on 01/21/2021 by The Bank of America, National Association reported 11 jobs and $97,310 was used to fund payroll.

Summit hotels llc is Existing or more than 2 years old

SUMMIT HOTELS LLC

Date Approved

01/21/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

SUMMIT HOTELS LLC

Borrower Address

170 Livery Dr

Borrower City

Southampton

Borrower State

PA

Borrower Zip

18966-1175

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

97310.00

Current Approval Amount

97310.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Southampton

Project County Name

BUCKS

Project State

PA

Project Zip

18966-1175

CD

PA-01

Jobs Reported

11

NAICS Code

721110

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

97305.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98040.49

Forgiveness Date

10/27/2021

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