# PPP loan: VIRGINIA GAY HOSPITAL, INC.
> **$2.88M** approved 04/04/2020 · Paid in Full · Loan `4627237006`
## Borrower
- **Name:** VIRGINIA GAY HOSPITAL, INC.
- **Address:** 502 9TH AVE, VINTON, IA, 52349-2254
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.88M
- **Initial approval:** $2.88M
- **Forgiven:** $2.91M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.30M
- **Utilities:** $50K
- **Health care:** $500K
- **Debt interest:** $26K
- **Jobs reported:** 312
## Lender
- **Originating:** Cedar Valley Bank & Trust
- **Servicing:** Cedar Valley Bank & Trust (IA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*