# PPP loan: ILA PROPERTIES INC
> **$333K** approved 04/07/2020 · Paid in Full · Loan `6916557003`
## Borrower
- **Name:** ILA PROPERTIES INC
- **Address:** 4115 CHARLES TOWN RD, KEARNEYSVILLE, WV, 25430-4985
- **NAICS:** 236115
- **Business type:** Corporation
- **Business age:** Startup, Loan Funds will Open Business
## Loan
- **Approval amount:** $333K
- **Initial approval:** $333K
- **Forgiven:** $336K (101%)
- **Forgiveness date:** 04/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $266K
- **Mortgage interest:** $50K
- **Utilities:** $17K
- **Jobs reported:** 32
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*