PPP Loan information for Summit restaurant development, llc

$1,413,000

Summit restaurant development, llc was initially approved for PPP Loan of amount $1,413,000, the current approved amount is $1,413,000. The loan was approved on 04/07/2020 by The Cadence Bank reported 228 jobs and $1,413,000 was used to fund payroll.

Summit restaurant development, llc is Existing or more than 2 years old

SUMMIT RESTAURANT DEVELOPMENT, LLC

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

SUMMIT RESTAURANT DEVELOPMENT, LLC

Borrower Address

7490 CLUBHOUSE RD

Borrower City

BOULDER

Borrower State

CO

Borrower Zip

80301-3714

Loan Status Date

04/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1413000.00

Current Approval Amount

1413000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOULDER

Project County Name

BOULDER

Project State

CO

Project Zip

80301-3714

CD

CO-02

Jobs Reported

228

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1413000.00

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1420967.75

Forgiveness Date

11/30/2020

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