# PPP loan: MHF OF FREEBORN COUNTY, INC.
> **$500K** approved 04/08/2020 · Paid in Full · Loan `8799317000`
## Borrower
- **Name:** MHF OF FREEBORN COUNTY, INC.
- **Address:** 89529 290TH ST, AUSTIN, MN, 55912-6397
- **NAICS:** 112210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $500K
- **Forgiven:** $503K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $400K
- **Mortgage interest:** $77K
- **Utilities:** $20K
- **Health care:** $3K
- **Jobs reported:** 61
## Lender
- **Originating:** Arcadian Bank
- **Servicing:** Arcadian Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*