# PPP loan: INDIANHEAD MEDICAL CENTER SHELL LAKE, INC.
> **$918K** approved 04/03/2020 · Paid in Full · Loan `4412437010`
## Borrower
- **Name:** INDIANHEAD MEDICAL CENTER SHELL LAKE, INC.
- **Address:** 113 4th Ave, SHELL LAKE, WI, 54871-4457
- **NAICS:** 622110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $918K
- **Initial approval:** $918K
- **Forgiven:** $924K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $732K
- **Mortgage interest:** $4K
- **Utilities:** $40K
- **Health care:** $142K
- **Jobs reported:** 82
## Lender
- **Originating:** Peoples State Bank of Plainview
- **Servicing:** Peoples State Bank of Plainview (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*