# PPP loan: MADELIA COMMUNITY HOSPITAL INCORPORATED
> **$1.45M** approved 04/04/2020 · Paid in Full · Loan `5014817005`
## Borrower
- **Name:** MADELIA COMMUNITY HOSPITAL INCORPORATED
- **Address:** 121 Drew Ave. SE, MADELIA, MN, 56062-1841
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.45M
- **Initial approval:** $1.45M
- **Forgiven:** $1.46M (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.45M
- **Jobs reported:** 140
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*