# PPP loan: GOOD SHEPHERD LUTHERAN HOME
> **$809K** approved 04/10/2020 · Paid in Full · Loan `1582387105`
## Borrower
- **Name:** GOOD SHEPHERD LUTHERAN HOME
- **Address:** 800 Home St PO Box 747, RUSHFORD, MN, 55971-8836
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $814K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $687K
- **Utilities:** $121K
- **Jobs reported:** 132
## Lender
- **Originating:** Merchants Bank, National Association
- **Servicing:** Merchants Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*