Southgate Health Care INC

$752,210 PPP Loan in Metropolis, Illinois

Loan Details

Loan Number
5447887010
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$752,210
Current Approval
$752,210
Forgiveness Amount
$761,863
Forgiveness Date
Jul 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Southgate Health Care INC
Address
900 East 9th Street
ZIP Code
62960-2700
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (623311)
Business Age
Existing or more than 2 years old
Jobs Reported
157
Estimated Revenue
$26.7M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$564,158
Rent
$62,684
Utilities
$62,684
Mortgage Interest
$62,684

Lender Information

Servicing Lender
The City National Bank of Metropolis
Originating Lender
The City National Bank of Metropolis

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