# PPP loan: MORRISON COMM HOSPITAL DISTRICT
> **$1.78M** approved 04/27/2020 · Paid in Full · Loan `5525367210`
## Borrower
- **Name:** MORRISON COMM HOSPITAL DISTRICT
- **Address:** 303 N JACKSON ST, MORRISON, IL, 61270-3042
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.78M
- **Initial approval:** $1.78M
- **Forgiven:** $1.80M (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.48M
- **Mortgage interest:** $40K
- **Utilities:** $25K
- **Health care:** $230K
- **Jobs reported:** 119
## Lender
- **Originating:** TBK Bank, SSB
- **Servicing:** TBK Bank, SSB (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*