Montgomery County Memorial Hospital

$5,031,782 PPP Loan in Red Oak, Iowa

Loan Details

Loan Number
9256767102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$5,031,782
Current Approval
$5,031,782
Forgiveness Amount
$5,085,454
Forgiveness Date
May 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Montgomery County Memorial Hospital
Address
2301 Eastern Ave
State
Iowa
ZIP Code
51566-1300
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
357
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
IA-03

Loan Use Breakdown

Payroll
$5,000,000
Utilities
$10,000
Mortgage Interest
$21,782

Lender Information

Servicing Lender
Houghton State Bank
Originating Lender
Houghton State Bank

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