# PPP loan: DREW MEMORIAL HOSPITAL
> **$3.24M** approved 04/04/2020 · Paid in Full · Loan `4670877005`
## Borrower
- **Name:** DREW MEMORIAL HOSPITAL
- **Address:** 778 Scogin Drive, MONTICELLO, AR, 71655-5729
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.24M
- **Initial approval:** $3.24M
- **Forgiven:** $3.27M (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.24M
- **Jobs reported:** 304
## Lender
- **Originating:** Union Bank & Trust Company
- **Servicing:** Union Bank & Trust Company (AR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*