# PPP loan: THE SUMMIT RESTAURANT COMPANY LLC
> **$1.01M** approved 01/21/2021 · Paid in Full · Loan `2824258302`
## Borrower
- **Name:** THE SUMMIT RESTAURANT COMPANY LLC
- **Address:** 2000 E Bastanchury Rd, Fullerton, CA, 92835-3289
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.01M
- **Utilities:** $1
- **Jobs reported:** 118
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*