# PPP loan: ELECTRA HOSPITAL DISTRICT
> **$2.23M** approved 04/08/2020 · Paid in Full · Loan `7800937002`
## Borrower
- **Name:** ELECTRA HOSPITAL DISTRICT
- **Address:** 1207 BAILEY ST, ELECTRA, TX, 76360-3221
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.23M
- **Initial approval:** $2.23M
- **Forgiven:** $2.25M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.23M
- **Jobs reported:** 182
## Lender
- **Originating:** The Waggoner National Bank of Vernon
- **Servicing:** The Waggoner National Bank of Vernon (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*