# PPP loan: LAKE NORMAN HOSPITALITY LLC
> **$154K** approved 03/04/2021 · Paid in Full · Loan `6589498508`
## Borrower
- **Name:** LAKE NORMAN HOSPITALITY LLC
- **Address:** 410 New Goff Mountain Rd, Cross Lanes, WV, 25313-1447
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $155K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** New Peoples Bank, Inc.
- **Servicing:** New Peoples Bank, Inc. (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*