PPP Loan information for Montgomery county memorial hospital

$5,031,782

Montgomery county memorial hospital was initially approved for PPP Loan of amount $5,031,782, the current approved amount is $5,031,782. The loan was approved on 04/15/2020 by The Houghton State Bank reported 357 jobs and $5,031,782 was used to fund payroll.

Montgomery county memorial hospital is Existing or more than 2 years old

PPP Loan Search / IA / RED OAK / Montgomery county memorial hospital

MONTGOMERY COUNTY MEMORIAL HOSPITAL

Date Approved

04/15/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

MONTGOMERY COUNTY MEMORIAL HOSPITAL

Borrower Address

2301 EASTERN AVE

Borrower City

RED OAK

Borrower State

IA

Borrower Zip

51566-1300

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5031782.00

Current Approval Amount

5031782.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25408

Servicing Lender Name

Houghton State Bank

Servicing Lender Address

116 Coolbaugh St

Servicing Lender City

RED OAK

Servicing Lender State

IA

Servicing Lender Zip

51566-2273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RED OAK

Project County Name

MONTGOMERY

Project State

IA

Project Zip

51566-1300

CD

IA-03

Jobs Reported

357

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10000.00

Payroll Proceed

5000000.00

Mortgage Interest Proceed

21782.00

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

25408

Originating Lender

Houghton State Bank

Originating Lender City

RED OAK

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

5085454.34

Forgiveness Date

05/07/2021

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