# PPP loan: METHODIST MANOR RETIREMENT COMMUNITY
> **$1.14M** approved 04/04/2020 · Paid in Full · Loan `4840747005`
## Borrower
- **Name:** METHODIST MANOR RETIREMENT COMMUNITY
- **Address:** 1206 W. 4TH ST, STORM LAKE, IA, 50588-3002
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.14M
- **Initial approval:** $1.14M
- **Forgiven:** $1.16M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.14M
- **Jobs reported:** 200
## Lender
- **Originating:** Central Bank
- **Servicing:** Central Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*