# PPP loan: SOMMER INVESTMENTS NORTH LLC
> **$366K** approved 01/20/2021 · Paid in Full · Loan `2440758300`
## Borrower
- **Name:** SOMMER INVESTMENTS NORTH LLC
- **Address:** 11655 North Fwy, Houston, TX, 77060-3705
- **NAICS:** 441120
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $366K
- **Initial approval:** $366K
- **Forgiven:** $367K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $365K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*