# PPP loan: SCHOOLCRAFT MEMORIAL HOSPITAL
> **$3.55M** approved 04/06/2020 · Paid in Full · Loan `5764877000`
## Borrower
- **Name:** SCHOOLCRAFT MEMORIAL HOSPITAL
- **Address:** 7870 W US HIGHWAY 2, MANISTIQUE, MI, 49854-8992
- **NAICS:** 622110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.55M
- **Initial approval:** $3.55M
- **Forgiven:** $3.59M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.55M
- **Jobs reported:** 306
## Lender
- **Originating:** Nicolet National Bank
- **Servicing:** Nicolet National Bank (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*