# PPP loan: THE SPA AT OLD EDWARDS INN LLC
> **$482K** approved 04/28/2020 · Paid in Full · Loan `1070147306`
## Borrower
- **Name:** THE SPA AT OLD EDWARDS INN LLC
- **Address:** 16 Church St, HIGHLANDS, NC, 28741
- **NAICS:** 722511
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $386K
- **Utilities:** $96K
- **Jobs reported:** 54
## Lender
- **Originating:** Ameris Bank
- **Servicing:** Ameris Bank (GA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*