PPP Loan information for Salem memorial district hospital

$2,300,000

Salem memorial district hospital was initially approved for PPP Loan of amount $2,300,000, the current approved amount is $2,300,000. The loan was approved on 04/29/2020 by The Bank of Salem reported 260 jobs and $2,300,000 was used to fund payroll.

Salem memorial district hospital is Existing or more than 2 years old

SALEM MEMORIAL DISTRICT HOSPITAL

Date Approved

04/29/2020

SBA Office Code

0768

Processing Method

PPP

Borrower Name

SALEM MEMORIAL DISTRICT HOSPITAL

Borrower Address

35629 Highway 72 PO Box 774

Borrower City

SALEM

Borrower State

MO

Borrower Zip

65560-7217

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2300000.00

Current Approval Amount

2300000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41379

Servicing Lender Name

Bank of Salem

Servicing Lender Address

100 W 4th St

Servicing Lender City

Salem

Servicing Lender State

MO

Servicing Lender Zip

65560-1254

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SALEM

Project County Name

DENT

Project State

MO

Project Zip

65560-7217

CD

MO-08

Jobs Reported

260

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2500.00

Payroll Proceed

2287500.00

Mortgage Interest Proceed

0.00

Rent Proceed

10000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

41379

Originating Lender

Bank of Salem

Originating Lender City

Salem

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2325142.47

Forgiveness Date

06/09/2021

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