# PPP loan: POTOSI MANOR, INC
> **$247K** approved 04/10/2020 · Paid in Full · Loan `1462807106`
## Borrower
- **Name:** POTOSI MANOR, INC
- **Address:** 307 S STATE HIGHWAY 21, POTOSI, MO, 63664-9317
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Mortgage interest:** $25K
- **Utilities:** $25K
- **Jobs reported:** 59
## Lender
- **Originating:** First Midwest Bank of the Ozarks
- **Servicing:** First Midwest Bank of the Ozarks (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*