# PPP loan: MAYO HEALTHCARE INC
> **$1.07M** approved 04/08/2020 · Paid in Full · Loan `8502057005`
## Borrower
- **Name:** MAYO HEALTHCARE INC
- **Address:** 71 Richardson St, NORTHFIELD, VT, 05663-5644
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.07M
- **Initial approval:** $1.07M
- **Forgiven:** $1.08M (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.07M
- **Jobs reported:** 124
## Lender
- **Originating:** Northfield Savings Bank
- **Servicing:** Northfield Savings Bank (VT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*