# PPP loan: SAINT THERESE OF NEW HOPE
> **$3.58M** approved 03/30/2021 · Paid in Full · Loan `2878398707`
## Borrower
- **Name:** SAINT THERESE OF NEW HOPE
- **Address:** 8000 Bass Lake Rd, New Hope, MN, 55428-3118
- **NAICS:** 623311
- **Business type:** 501(c)3 ¿ Non Profit
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.58M
- **Initial approval:** $3.58M
- **Forgiven:** $3.61M (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $3.58M
- **Utilities:** $1
- **Jobs reported:** 364
## Lender
- **Originating:** Bremer Bank, National Association
- **Servicing:** Bremer Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*