# PPP loan: SUMMIT HOSPITALITY
> **$511K** approved 05/11/2020 · Paid in Full · Loan `5115587410`
## Borrower
- **Name:** SUMMIT HOSPITALITY
- **Address:** 70 State Street, Rochester, NY, 14614-1359
- **NAICS:** 721110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $511K
- **Initial approval:** $511K
- **Forgiven:** $100K (20%)
- **Forgiveness date:** 10/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $511K
- **Jobs reported:** 115
## Lender
- **Originating:** Hanover Community Bank
- **Servicing:** Hanover Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*