# PPP loan: CANNON PROPERTIES MANAGMENT, LTD
> **$301K** approved 04/08/2020 · Paid in Full · Loan `7884847006`
## Borrower
- **Name:** CANNON PROPERTIES MANAGMENT, LTD
- **Address:** 763 Madison Road, Suite 205, CULPEPER, VA, 22701-3314
- **NAICS:** 531311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $301K
- **Initial approval:** $301K
- **Forgiven:** $303K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $286K
- **Rent:** $7K
- **Utilities:** $819
- **Health care:** $8K
- **Jobs reported:** 31
## Lender
- **Originating:** Blue Ridge Bank, National Association
- **Servicing:** Blue Ridge Bank, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*