The exact formula derived by us earlier for the entropy of a four dimensional nonrotating black hole within the quantum geometry formulation of the event horizon in terms of boundary states of a three dimensional Chern-Simons theory is reexamined for large horizon areas. In addition to the semiclassical Bekenstein-Hawking contribution proportional to the area obtained earlier, we find a contribution proportional to the logarithm of the area together with subleading corrections that constitute a series in inverse powers of the area.