# PPP loan: MASON CITY AREA NURSING HOME ASSOCIATION INC.
> **$518K** approved 03/25/2021 · Paid in Full · Loan `8591998601`
## Borrower
- **Name:** MASON CITY AREA NURSING HOME ASSOCIATION INC.
- **Address:** 520 N Price St, Mason City, IL, 62664-9600
- **NAICS:** 623110
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $522K (101%)
- **Forgiveness date:** 11/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $518K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Mason City National Bank
- **Servicing:** Mason City National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*