Ely-Bloomenson Community Hospital & Nursing Home Corporation

$2,279,200 PPP Loan in Ely, Minnesota

Loan Details

Loan Number
4859127007
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$2,279,200
Current Approval
$1,487,400
Forgiveness Amount
$1,506,675
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ely-Bloomenson Community Hospital & Nursing Home Corporation
Address
328 W Conan St
City
Ely
ZIP Code
55731-1145
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,189,920
Utilities
$97,480
Mortgage Interest
$200,000

Lender Information

Servicing Lender
Park State Bank
Originating Lender
Park State Bank

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