PPP Loan information for Loring hospital

$1,062,700

Loring hospital was initially approved for PPP Loan of amount $1,062,700, the current approved amount is $1,062,700. The loan was approved on 04/08/2020 by The Iowa State Bank reported 107 jobs and $1,062,700 was used to fund payroll.

Loring hospital is Existing or more than 2 years old

LORING HOSPITAL

Date Approved

04/08/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

LORING HOSPITAL

Borrower Address

211 HIGHLAND AVE

Borrower City

SAC CITY

Borrower State

IA

Borrower Zip

50583-2416

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1062700.00

Current Approval Amount

1062700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25433

Servicing Lender Name

Iowa State Bank

Servicing Lender Address

500 Audubon St

Servicing Lender City

SAC CITY

Servicing Lender State

IA

Servicing Lender Zip

50583-2208

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAC CITY

Project County Name

SAC

Project State

IA

Project Zip

50583-2416

CD

IA-04

Jobs Reported

107

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1062700.00

Mortgage Interest Proceed

0.00

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

25433

Originating Lender

Iowa State Bank

Originating Lender City

SAC CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

1068692.45

Forgiveness Date

11/03/2020

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