# PPP loan: MADISON VALLEY HOSPITAL, INC
> **$943K** approved 04/14/2020 · Paid in Full · Loan `7050457109`
## Borrower
- **Name:** MADISON VALLEY HOSPITAL, INC
- **Address:** 305 N Main Street, ENNIS, MT, 59729
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $943K
- **Initial approval:** $943K
- **Forgiven:** $950K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $754K
- **Rent:** $26K
- **Utilities:** $163K
- **Jobs reported:** 87
## Lender
- **Originating:** Madison Valley Bank
- **Servicing:** Madison Valley Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*