PPP Loan information for The georges inn llc

$257,000

The georges inn llc was initially approved for PPP Loan of amount $257,000, the current approved amount is $257,000. The loan was approved on 04/27/2020 by The Cornerstone Bank reported 16 jobs and $257,000 was used to fund payroll.

The georges inn llc is Existing or more than 2 years old

PPP Loan Search / VA / LEXINGTON / The georges inn llc

THE GEORGES INN LLC

Date Approved

04/27/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

THE GEORGES INN LLC

Borrower Address

11 N Main Street

Borrower City

LEXINGTON

Borrower State

VA

Borrower Zip

24450-2520

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

257000.00

Current Approval Amount

257000.00

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

Y

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

24450-2520

CD

VA-06

Jobs Reported

16

NAICS Code

721191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

192750.00

Mortgage Interest Proceed

42110.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12140.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

462675

Originating Lender

Cornerstone Bank

Originating Lender City

LEXINGTON

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

259077.12

Forgiveness Date

02/18/2021

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