# PPP loan: MCDONOUGH COUNTY HOSPITAL DISTRICT
> **$6.50M** approved 04/09/2020 · Paid in Full · Loan `9900047002`
## Borrower
- **Name:** MCDONOUGH COUNTY HOSPITAL DISTRICT
- **Address:** 525 E GRANT ST, MACOMB, IL, 61455-3313
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $6.50M
- **Initial approval:** $6.50M
- **Forgiven:** $6.63M (102%)
- **Forgiveness date:** 05/26/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $6.50M
- **Jobs reported:** 477
## Lender
- **Originating:** Morton Community Bank
- **Servicing:** Morton Community Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*