Lexington Retirement Community Inc.
$1,369,298 PPP Loan in Lexington, Virginia
Loan Details
- Loan Number
- 4076547204
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,369,298
- Current Approval
- $1,369,298
- Forgiveness Amount
- $1,385,767
- Forgiveness Date
- Jul 15, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Lexington Retirement Community Inc.
- Address
- 160 Kendal Drive
- City
- Lexington
- State
- Virginia
- ZIP Code
- 24450-1786
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 189
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- VA-06
Loan Use Breakdown
- Payroll
- $1,026,973
- Health Care
- $96,167
- Mortgage Interest
- $246,158
Lender Information
- Servicing Lender
- Cornerstone Bank
- Originating Lender
- Cornerstone Bank
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|---|---|---|
| Vesuvius, Incorporated | $2,872,500 | |
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| Rockbridge Farmers Cooperative Inc. | $540,600 | |
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