Morrow Memorial Home for the Aged
$975,000 PPP Loan in Sparta, Wisconsin
Loan Details
- Loan Number
- 6156677000
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $975,000
- Current Approval
- $975,000
- Forgiveness Amount
- $980,498
- Forgiveness Date
- Nov 3, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Morrow Memorial Home for the Aged
- Address
- 331 S. Water Street
- City
- Sparta
- State
- Wisconsin
- ZIP Code
- 54656-1726
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (623110)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 200
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Rural
- Congressional District
- WI-03
Loan Use Breakdown
- Payroll
- $915,000
- Utilities
- $20,000
- Mortgage Interest
- $40,000
Lender Information
- Servicing Lender
- River Bank
- Originating Lender
- River Bank
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