PPP Loan information for Lexington retirement community inc.

$1,369,298

Lexington retirement community inc. was initially approved for PPP Loan of amount $1,369,298, the current approved amount is $1,369,298. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 189 jobs and $1,369,298 was used to fund payroll.

Lexington retirement community inc. is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / Lexington retirement community inc.

LEXINGTON RETIREMENT COMMUNITY INC.

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

LEXINGTON RETIREMENT COMMUNITY INC.

Borrower Address

160 Kendal Drive

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-1786

Loan Status Date

08/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1369297.50

Current Approval Amount

1369297.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

462675

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

54 S Main St

Servicing Lender City

LEXINGTON

Servicing Lender State

VA

Servicing Lender Zip

24450-2523

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LEXINGTON

Project County Name

LEXINGTON CITY

Project State

VA

Project Zip

24450-1786

CD

VA-06

Jobs Reported

189

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1026972.75

Mortgage Interest Proceed

246158.25

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

96166.50

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1385766.58

Forgiveness Date

07/15/2021

;