# PPP loan: SALEM MEMORIAL DISTRICT HOSPITAL
> **$2.30M** approved 04/29/2020 · Paid in Full · Loan `2849287300`
## Borrower
- **Name:** SALEM MEMORIAL DISTRICT HOSPITAL
- **Address:** 35629 Highway 72 PO Box 774, SALEM, MO, 65560-7217
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.30M
- **Initial approval:** $2.30M
- **Forgiven:** $2.33M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.29M
- **Rent:** $10K
- **Utilities:** $3K
- **Jobs reported:** 260
## Lender
- **Originating:** Bank of Salem
- **Servicing:** Bank of Salem (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*