# PPP loan: TRINITY BIBLE COLLEGE, INC
> **$503K** approved 04/03/2020 · Paid in Full · Loan `4382587007`
## Borrower
- **Name:** TRINITY BIBLE COLLEGE, INC
- **Address:** 50 6TH AVE S, ELLENDALE, ND, 58436-7105
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $503K
- **Initial approval:** $503K
- **Forgiven:** $507K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $431K
- **Mortgage interest:** $57K
- **Utilities:** $15K
- **Jobs reported:** 62
## Lender
- **Originating:** Starion Bank
- **Servicing:** Starion Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*