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
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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