General Francis Marion Motel, LLC

$133,100 PPP Loan in Marion, Virginia

Loan Details

Loan Number
5193627001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$133,100
Current Approval
$133,100
Forgiveness Amount
$133,982
Forgiveness Date
Dec 14, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
General Francis Marion Motel, LLC
Address
107 East Main Street
City
Marion
ZIP Code
24354-3105
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Accommodation and Food Services (721110)
Business Age
Existing or more than 2 years old
Jobs Reported
25
Estimated Revenue
$7.8M
Rural/Urban
Rural
Congressional District
VA-09

Loan Use Breakdown

Payroll
$110,600
Rent
$15,000
Utilities
$7,500

Lender Information

Servicing Lender
The Bank of Marion
Originating Lender
The Bank of Marion

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