PPP Loan information for Mahaska county hospital

$5,532,500

Mahaska county hospital was initially approved for PPP Loan of amount $5,532,500, the current approved amount is $5,532,500. The loan was approved on 04/28/2020 by The Bank Iowa reported 412 jobs and $5,532,500 was used to fund payroll.

Mahaska county hospital is Existing or more than 2 years old

MAHASKA COUNTY HOSPITAL

Date Approved

04/28/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MAHASKA COUNTY HOSPITAL

Borrower Address

1229 C AVE EAST

Borrower City

OSKALOOSA

Borrower State

IA

Borrower Zip

52577-4246

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5532500.00

Current Approval Amount

5532500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24768

Servicing Lender Name

Bank Iowa

Servicing Lender Address

1150 Jordan Creek Pkwy

Servicing Lender City

WEST DES MOINES

Servicing Lender State

IA

Servicing Lender Zip

50266-5831

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSKALOOSA

Project County Name

MAHASKA

Project State

IA

Project Zip

52577-4246

CD

IA-01

Jobs Reported

412

NAICS Code

622110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1351500.00

Payroll Proceed

3613000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

401000.00

Debt Interest Proceed

167000

Business Type

Non-Profit Organization

Originating Lender Location Id

24768

Originating Lender

Bank Iowa

Originating Lender City

WEST DES MOINES

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

5593511.18

Forgiveness Date

06/10/2021

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