Northern Itasca Hospital District

$2,126,700 PPP Loan in Bigfork, Minnesota

Loan Details

Loan Number
9399437203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$2,126,700
Current Approval
$2,126,700
Forgiveness Amount
$2,153,993
Forgiveness Date
Aug 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Northern Itasca Hospital District
Address
258 Pine Tree Drive
ZIP Code
56628
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (622110)
Business Age
Existing or more than 2 years old
Jobs Reported
277
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
MN-08

Loan Use Breakdown

Payroll
$1,949,700
Rent
$3,000
Utilities
$90,000
Mortgage Interest
$84,000

Lender Information

Servicing Lender
Deerwood Bank
Originating Lender
Deerwood Bank

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