PPP Loan information for The georges inn llc

$344,918

The georges inn llc was initially approved for PPP Loan of amount $344,918, the current approved amount is $344,918. The loan was approved on 02/06/2021 by The Cornerstone Bank reported 40 jobs and $344,918 was used to fund payroll.

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

THE GEORGES INN LLC

Date Approved

02/06/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

THE GEORGES INN LLC

Borrower Address

11 N Main St

Borrower City

Lexington

Borrower State

VA

Borrower Zip

24450-2520

Loan Status Date

12/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

344918.00

Current Approval Amount

344918.00

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

40

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

344916.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

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

347412.75

Forgiveness Date

11/03/2021

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