Community Memorial Hospital Association
$6,746,400 PPP Loan in Cloquet, Minnesota
Loan Details
- Loan Number
- 5442407007
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $6,746,400
- Current Approval
- $6,746,400
- Forgiveness Amount
- $6,826,987
- Forgiveness Date
- Jun 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Community Memorial Hospital Association
- Address
- 512 Skyline Blvd
- City
- Cloquet
- State
- Minnesota
- ZIP Code
- 55720-1139
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (622110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 489
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $5,059,800
- Rent
- $1,011,960
- Utilities
- $674,640
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
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