# PPP loan: FREEMAN REGIONAL HEALTH SERVICES
> **$1.25M** approved 04/10/2020 · Paid in Full · Loan `1491987102`
## Borrower
- **Name:** FREEMAN REGIONAL HEALTH SERVICES
- **Address:** 510 East 8th St. PO BOX 370, FREEMAN, SD, 57029-0370
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.25M
- **Initial approval:** $1.25M
- **Forgiven:** $1.26M (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Mortgage interest:** $2K
- **Utilities:** $50K
- **Health care:** $91K
- **Debt interest:** $4K
- **Jobs reported:** 123
## Lender
- **Originating:** Merchants State Bank
- **Servicing:** Merchants State Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*