# PPP loan: LADD MEMORIAL HOSPITAL INC
> **$3.18M** approved 04/09/2020 · Paid in Full · Loan `1004707103`
## Borrower
- **Name:** LADD MEMORIAL HOSPITAL INC
- **Address:** 2600 65th Avenue, OSCEOLA, WI, 54020-4370
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.18M
- **Initial approval:** $3.18M
- **Forgiven:** $3.19M (100%)
- **Forgiveness date:** 01/24/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.39M
- **Rent:** $199K
- **Mortgage interest:** $199K
- **Utilities:** $199K
- **Health care:** $199K
- **Jobs reported:** 278
## Lender
- **Originating:** MidWestOne Bank
- **Servicing:** MidWestOne Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*