# PPP loan: MAGGIE VALLEY RESORT MANAGEMENT, LLC.
> **$261K** approved 04/08/2020 · Paid in Full · Loan `8679247009`
## Borrower
- **Name:** MAGGIE VALLEY RESORT MANAGEMENT, LLC.
- **Address:** 1819 Country Club Dr., MAGGIE VALLEY, NC, 28751-7837
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $261K
- **Initial approval:** $261K
- **Forgiven:** $264K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $209K
- **Rent:** $27K
- **Mortgage interest:** $20K
- **Utilities:** $5K
- **Jobs reported:** 19
## Lender
- **Originating:** River Bank & Trust
- **Servicing:** River Bank & Trust (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*