# PPP loan: MANKATO AREA CATHOLIC SCHOOLS, INC.
> **$588K** approved 01/16/2021 · Paid in Full · Loan `1042058302`
## Borrower
- **Name:** MANKATO AREA CATHOLIC SCHOOLS, INC.
- **Address:** 145 Good Counsel Dr, Mankato, MN, 56001-3146
- **NAICS:** 813219
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $588K
- **Initial approval:** $588K
- **Forgiven:** $594K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $588K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Community Bank Mankato
- **Servicing:** Community Bank Mankato (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*