Abbott House INC

$855,000 PPP Loan in Mitchell, South Dakota

Loan Details

Loan Number
6280487010
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$855,000
Current Approval
$855,000
Forgiveness Amount
$862,426
Forgiveness Date
Feb 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Abbott House INC
Address
909 Court Merrill St
ZIP Code
57301-4362
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (623990)
Business Age
Existing or more than 2 years old
Jobs Reported
107
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
SD-

Loan Use Breakdown

Payroll
$684,058
Utilities
$18,890
Health Care
$152,052

Lender Information

Servicing Lender
Cortrust Bank National Association
Originating Lender
Cortrust Bank National Association

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