PPP Loan information for Greater regional medical center

$6,060,000

Greater regional medical center was initially approved for PPP Loan of amount $6,060,000, the current approved amount is $6,060,000. The loan was approved on 04/27/2020 by The The First National Bank in Creston reported 461 jobs and $6,060,000 was used to fund payroll.

Greater regional medical center is Existing or more than 2 years old

GREATER REGIONAL MEDICAL CENTER

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GREATER REGIONAL MEDICAL CENTER

Borrower Address

1700 West TOWNLINE ST

Borrower City

CRESTON

Borrower State

IA

Borrower Zip

50801-1054

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

6060000.00

Current Approval Amount

6060000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24817

Servicing Lender Name

The First National Bank in Creston

Servicing Lender Address

101 W Adams St

Servicing Lender City

CRESTON

Servicing Lender State

IA

Servicing Lender Zip

50801-3104

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRESTON

Project County Name

UNION

Project State

IA

Project Zip

50801-1054

CD

IA-03

Jobs Reported

461

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

909000.00

Payroll Proceed

4545000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

606000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24817

Originating Lender

The First National Bank in Creston

Originating Lender City

CRESTON

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

6127838.33

Forgiveness Date

06/15/2021

;