# PPP loan: HISTORIC HOTELS OF ALBEMARLE, LLC
> **$720K** approved 04/08/2020 · Paid in Full · Loan `8558097005`
## Borrower
- **Name:** HISTORIC HOTELS OF ALBEMARLE, LLC
- **Address:** 701 Club Drive, KESWICK, VA, 22947-2615
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $720K
- **Initial approval:** $720K
- **Forgiven:** $730K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $635K
- **Utilities:** $36K
- **Health care:** $49K
- **Jobs reported:** 59
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*