PPP Loan information for Marengo memorial hospital

$2,348,705

Marengo memorial hospital was initially approved for PPP Loan of amount $2,348,705, the current approved amount is $2,348,705. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 179 jobs and $2,348,705 was used to fund payroll.

Marengo memorial hospital is Existing or more than 2 years old

MARENGO MEMORIAL HOSPITAL

Date Approved

05/01/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MARENGO MEMORIAL HOSPITAL

Borrower Address

300 MAY ST W

Borrower City

MARENGO

Borrower State

IA

Borrower Zip

52301

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2348705.00

Current Approval Amount

2348705.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARENGO

Project County Name

IOWA

Project State

IA

Project Zip

52301-0001

CD

IA-01

Jobs Reported

179

NAICS Code

622110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2348705.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2374866.96

Forgiveness Date

06/11/2021

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