PPP Loan information for Freeman regional health services

$1,251,745

Freeman regional health services was initially approved for PPP Loan of amount $1,251,745, the current approved amount is $1,251,745. The loan was approved on 04/10/2020 by The Merchants State Bank reported 123 jobs and $1,251,745 was used to fund payroll.

Freeman regional health services is Existing or more than 2 years old

PPP Loan Search / SD / FREEMAN / Freeman regional health services

FREEMAN REGIONAL HEALTH SERVICES

Date Approved

04/10/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

FREEMAN REGIONAL HEALTH SERVICES

Borrower Address

510 East 8th St. PO BOX 370

Borrower City

FREEMAN

Borrower State

SD

Borrower Zip

57029-0370

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1251745.00

Current Approval Amount

1251745.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66522

Servicing Lender Name

Merchants State Bank

Servicing Lender Address

305 S Main St

Servicing Lender City

FREEMAN

Servicing Lender State

SD

Servicing Lender Zip

57029

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FREEMAN

Project County Name

HUTCHINSON

Project State

SD

Project Zip

57029-0370

CD

SD-

Jobs Reported

123

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

1104745.00

Mortgage Interest Proceed

2000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

91000.00

Debt Interest Proceed

4000

Business Type

Non-Profit Organization

Originating Lender Location Id

66522

Originating Lender

Merchants State Bank

Originating Lender City

FREEMAN

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1259916.11

Forgiveness Date

12/09/2020

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