# PPP loan: DELAWARE COUNTY MEMORIAL HOSPITAL
> **$5.54M** approved 04/05/2020 · Paid in Full · Loan `5256577008`
## Borrower
- **Name:** DELAWARE COUNTY MEMORIAL HOSPITAL
- **Address:** 709 West Main Street, MANCHESTER, IA, 52057-1526
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.54M
- **Initial approval:** $5.54M
- **Forgiven:** $5.61M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $4.16M
- **Utilities:** $1.39M
- **Jobs reported:** 474
## Lender
- **Originating:** GNB Bank
- **Servicing:** GNB Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*