# PPP loan: RAINELLE MEDICAL CENTER, INC.
> **$1.68M** approved 04/28/2020 · Paid in Full · Loan `1358507306`
## Borrower
- **Name:** RAINELLE MEDICAL CENTER, INC.
- **Address:** 176 MEDICAL CENTER DR, RAINELLE, WV, 25962-1064
- **NAICS:** 621111
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 12/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Mortgage interest:** $300K
- **Utilities:** $37K
- **Jobs reported:** 178
## Lender
- **Originating:** Burke and Herbert Bank and Trust Company
- **Servicing:** Burke & Herbert Bank & Trust Company (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*