# PPP loan: VERNON AREA REHABILITATION CENTER, INC.
> **$1.27M** approved 04/07/2020 · Paid in Full · Loan `6947597007`
## Borrower
- **Name:** VERNON AREA REHABILITATION CENTER, INC.
- **Address:** 1133 Nelson Parkway, VIROQUA, WI, 54665-1954
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.28M (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.17M
- **Rent:** $38K
- **Utilities:** $64K
- **Jobs reported:** 479
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*