# PPP loan: THE GEORGES INN LLC
> **$257K** approved 04/27/2020 · Paid in Full · Loan `4374837206`
## Borrower
- **Name:** THE GEORGES INN LLC
- **Address:** 11 N Main Street, LEXINGTON, VA, 24450-2520
- **NAICS:** 721191
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $257K
- **Initial approval:** $257K
- **Forgiven:** $259K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Mortgage interest:** $42K
- **Utilities:** $10K
- **Health care:** $12K
- **Jobs reported:** 16
## Lender
- **Originating:** Cornerstone Bank
- **Servicing:** Cornerstone Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*