Sturgis Hospital Inc.

$1,666,392 PPP Loan in Sturgis, Michigan

Loan Details

Loan Number
8168607008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,666,392
Current Approval
$1,666,392
Forgiveness Amount
$1,682,234
Forgiveness Date
Mar 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Sturgis Hospital Inc.
Address
916 Myrtle Ave
ZIP Code
49091-2391
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
171
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MI-05

Loan Use Breakdown

Payroll
$1,516,392
Rent
$20,000
Utilities
$10,000
Health Care
$100,000
Debt Interest
$20,000

Lender Information

Servicing Lender
Sturgis Bank & Trust Company
Originating Lender
Sturgis Bank & Trust Company

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