# PPP loan: COVENANT PINES MINISTRIES
> **$162K** approved 01/16/2021 · Paid in Full · Loan `1187258304`
## Borrower
- **Name:** COVENANT PINES MINISTRIES
- **Address:** 43696 245th Pl, McGregor, MN, 55760-5542
- **NAICS:** 721214
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $162K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** Grand Marais State Bank
- **Servicing:** Grand Marais State Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*