# PPP loan: NOR-LEA HOSPITAL DISTRICT
> **$6.65M** approved 04/28/2020 · Paid in Full · Loan `6493037204`
## Borrower
- **Name:** NOR-LEA HOSPITAL DISTRICT
- **Address:** 1600 N MAIN AVE, LOVINGTON, NM, 88260-2871
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.65M
- **Initial approval:** $6.65M
- **Forgiven:** $6.73M (101%)
- **Forgiveness date:** 06/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.50M
- **Utilities:** $100K
- **Debt interest:** $51K
- **Jobs reported:** 497
## Lender
- **Originating:** Lea County State Bank
- **Servicing:** Lea County State Bank (NM)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*