# PPP loan: EL MONTE CONVALESCENT HOSPITAL
> **$675K** approved 01/25/2021 · Paid in Full · Loan `5414298304`
## Borrower
- **Name:** EL MONTE CONVALESCENT HOSPITAL
- **Address:** 4096 Easy St, El Monte, CA, 91731-1054
- **NAICS:** 623110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $675K
- **Initial approval:** $675K
- **Forgiven:** $680K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $675K
- **Jobs reported:** 90
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*