# PPP loan: SUMMERFIELD RETIREMENT LIVING INC.
> **$197K** approved 01/26/2021 · Paid in Full · Loan `6248508304`
## Borrower
- **Name:** SUMMERFIELD RETIREMENT LIVING INC.
- **Address:** 911 N 800 W, Orem, UT, 84057-8401
- **NAICS:** 623312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 08/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 40
## Lender
- **Originating:** Rock Canyon Bank, A Division of NBH Bank
- **Servicing:** Community Banks of Colorado, A Division of (CO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*