Medina Nursing Center INC

$714,200 PPP Loan in Durand, Illinois

Loan Details

Loan Number
5261377001
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$714,200
Current Approval
$714,200
Forgiveness Amount
$718,247
Forgiveness Date
Nov 5, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Medina Nursing Center INC
Address
402 S Center St
City
Durand
ZIP Code
61024-9590
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
102
Estimated Revenue
$17.4M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$535,650
Utilities
$89,275
Mortgage Interest
$89,275

Lender Information

Servicing Lender
State Bank
Originating Lender
State Bank

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