# PPP loan: THE CATHOLIC CHURCH OF DIVINE MERCY OF FARIBAULT
> **$388K** approved 04/15/2020 · Paid in Full · Loan `1387307206`
## Borrower
- **Name:** THE CATHOLIC CHURCH OF DIVINE MERCY OF FARIBAULT
- **Address:** 4 2nd Avenue SW, FARIBAULT, MN, 55021-6029
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $390K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $311K
- **Utilities:** $78K
- **Jobs reported:** 52
## Lender
- **Originating:** The State Bank of Faribault
- **Servicing:** The State Bank of Faribault (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*