Summit Suburban Hotel

$752,500 PPP Loan in Summit, New Jersey

Loan Details

Loan Number
7210458508
Date Approved
Mar 5, 2021
Loan Status
Paid in Full
Initial Approval
$752,500
Current Approval
$752,500
Forgiveness Amount
$763,221
Forgiveness Date
Aug 11, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Summit Suburban Hotel
Address
570 Springfield Ave
City
Summit
ZIP Code
07901-4501
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
90
Estimated Revenue
$28.1M
Rural/Urban
Urban
Congressional District
NJ-07

Loan Use Breakdown

Payroll
$752,497
Utilities
$1

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Columbia Bank

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