# PPP loan: SAMMET HOSPITALITY INC
> **$338K** approved 02/27/2021 · Paid in Full · Loan `5266958505`
## Borrower
- **Name:** SAMMET HOSPITALITY INC
- **Address:** 5009 Falls of Neuse Rd, Raleigh, NC, 27609-5462
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $338K
- **Initial approval:** $338K
- **Forgiven:** $340K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $338K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** First National Bank of Pennsylvania
- **Servicing:** First National Bank of Pennsylvania (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*