# PPP loan: HOOD THEOLOGICAL SEMINARY
> **$288K** approved 05/07/2020 · Paid in Full · Loan `3454707404`
## Borrower
- **Name:** HOOD THEOLOGICAL SEMINARY
- **Address:** 1810 LUTHERAN SYNOD DR, SALISBURY, NC, 28144
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $288K
- **Initial approval:** $288K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 10/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $288K
- **Jobs reported:** 51
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*