# PPP loan: ST PAUL'S EVANGELICAL LUTHERAN CHURCH (WELS)
> **$168K** approved 04/11/2020 · Paid in Full · Loan `2871677110`
## Borrower
- **Name:** ST PAUL'S EVANGELICAL LUTHERAN CHURCH (WELS)
- **Address:** 304 Monroe Ave, MANKATO, MN, 56003-3030
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $169K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $126K
- **Mortgage interest:** $25K
- **Utilities:** $17K
- **Jobs reported:** 21
## Lender
- **Originating:** Frandsen Bank & Trust
- **Servicing:** Frandsen Bank & Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*