# PPP loan: NEW RICHLAND CARE CENTER
> **$542K** approved 04/27/2020 · Paid in Full · Loan `5514427209`
## Borrower
- **Name:** NEW RICHLAND CARE CENTER
- **Address:** 321 1st ST NE, NEW RICHLAND, MN, 56072-2003
- **NAICS:** 621498
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $542K
- **Initial approval:** $542K
- **Forgiven:** $544K (100%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $542K
- **Jobs reported:** 91
## Lender
- **Originating:** State Bank of New Richland
- **Servicing:** State Bank of New Richland (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*