Lone Tree Health Care Center, INC

$318,000 PPP Loan in Lone Tree, Iowa

Loan Details

Loan Number
8510307008
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$318,000
Current Approval
$318,000
Forgiveness Amount
$319,873
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Lone Tree Health Care Center, INC
Address
501 E Pioneer Rd
State
Iowa
ZIP Code
52755-7721
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (623110)
Business Age
Existing or more than 2 years old
Jobs Reported
47
Estimated Revenue
$8.0M
Rural/Urban
Urban
Congressional District
IA-01

Loan Use Breakdown

Payroll
$300,000
Utilities
$18,000

Lender Information

Servicing Lender
Farmers & Merchants Savings Bank
Originating Lender
Farmers & Merchants Savings Bank

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