# PPP loan: NORTHERN ITASCA HOSPITAL DISTRICT
> **$2.13M** approved 04/28/2020 · Paid in Full · Loan `9399437203`
## Borrower
- **Name:** NORTHERN ITASCA HOSPITAL DISTRICT
- **Address:** 258 Pine Tree Drive, BIGFORK, MN, 56628
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.13M
- **Initial approval:** $2.13M
- **Forgiven:** $2.15M (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.95M
- **Rent:** $3K
- **Mortgage interest:** $84K
- **Utilities:** $90K
- **Jobs reported:** 277
## Lender
- **Originating:** Deerwood Bank
- **Servicing:** Deerwood Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*