# PPP loan: SUMMERHILL COMMERCIAL REAL ESTATE LLC
> **$162K** approved 04/12/2020 · Paid in Full · Loan `3863467100`
## Borrower
- **Name:** SUMMERHILL COMMERCIAL REAL ESTATE LLC
- **Address:** 6495 CITY WEST PKWY, EDEN PRAIRIE, MN, 55344-3246
- **NAICS:** 531210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $11K
- **Utilities:** $2K
- **Health care:** $11K
- **Debt interest:** $3K
- **Jobs reported:** 8
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*