# PPP loan: SUMMIT APARTMENT MANAGEMENT COMPANY INC
> **$500K** approved 04/15/2020 · Paid in Full · Loan `8768667106`
## Borrower
- **Name:** SUMMIT APARTMENT MANAGEMENT COMPANY INC
- **Address:** 2105 Rue Simone, HAMMOND, LA, 70403
- **NAICS:** 531312
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 45
## Lender
- **Originating:** Home Bank, National Association
- **Servicing:** Home Bank, National Association (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*