PPP Loan information for Grundy county memorial hospital

$1,750,000

Grundy county memorial hospital was initially approved for PPP Loan of amount $1,823,800, the current approved amount is $1,750,000. The loan was approved on 04/27/2020 by The GNB Bank reported 149 jobs and $1,750,000 was used to fund payroll.

Grundy county memorial hospital is Unanswered

GRUNDY COUNTY MEMORIAL HOSPITAL

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

GRUNDY COUNTY MEMORIAL HOSPITAL

Borrower Address

201 East J AVE

Borrower City

GRUNDY CENTER

Borrower State

IA

Borrower Zip

50638-2028

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1823800.00

Current Approval Amount

1750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25057

Servicing Lender Name

GNB Bank

Servicing Lender Address

529 G Ave

Servicing Lender City

GRUNDY CENTER

Servicing Lender State

IA

Servicing Lender Zip

50638-1651

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

GRUNDY CENTER

Project County Name

GRUNDY

Project State

IA

Project Zip

50638-2028

CD

IA-02

Jobs Reported

149

NAICS Code

622110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

218750.00

Payroll Proceed

1312500.00

Mortgage Interest Proceed

0.00

Rent Proceed

218750.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25057

Originating Lender

GNB Bank

Originating Lender City

GRUNDY CENTER

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1763611.11

Forgiveness Date

02/11/2021

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