PPP Loan information for Community memorial hospital inc

$638,000

Community memorial hospital inc was initially approved for PPP Loan of amount $638,000, the current approved amount is $638,000. The loan was approved on 04/09/2020 by The Merchants Bank, National Association reported 88 jobs and $638,000 was used to fund payroll.

Community memorial hospital inc is Existing or more than 2 years old

PPP Loan Search / MN / SPRING VALLEY / Community memorial hospital inc

COMMUNITY MEMORIAL HOSPITAL INC

Date Approved

04/09/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

COMMUNITY MEMORIAL HOSPITAL INC

Borrower Address

800 MEMORIAL DR

Borrower City

SPRING VALLEY

Borrower State

MN

Borrower Zip

55975-1024

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

638000.00

Current Approval Amount

638000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39052

Servicing Lender Name

Merchants Bank, National Association

Servicing Lender Address

102 E Third St

Servicing Lender City

WINONA

Servicing Lender State

MN

Servicing Lender Zip

55987-3416

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING VALLEY

Project County Name

FILLMORE

Project State

MN

Project Zip

55975-1024

CD

MN-01

Jobs Reported

88

NAICS Code

623110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

30000.00

Payroll Proceed

580000.00

Mortgage Interest Proceed

28000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

39052

Originating Lender

Merchants Bank, National Association

Originating Lender City

WINONA

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

643281.22

Forgiveness Date

02/10/2021

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