# PPP loan: SHENANDOAH MEDICAL CENTER
> **$3.56M** approved 04/03/2020 · Paid in Full · Loan `4413827000`
## Borrower
- **Name:** SHENANDOAH MEDICAL CENTER
- **Address:** 300 Pershing Ave, SHENANDOAH, IA, 51601-2355
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.56M
- **Initial approval:** $3.56M
- **Forgiven:** $3.59M (101%)
- **Forgiveness date:** 03/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.12M
- **Mortgage interest:** $138K
- **Utilities:** $297K
- **Jobs reported:** 331
## Lender
- **Originating:** First Heritage Bank
- **Servicing:** First Heritage Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*