# PPP loan: SHEPHEARD OF THE LAKE LUTHERAN CHURCH
> **$264K** approved 04/03/2020 · Paid in Full · Loan `4484227005`
## Borrower
- **Name:** SHEPHEARD OF THE LAKE LUTHERAN CHURCH
- **Address:** 3611 North BERENS RD NW, SHAKOPEE, MN, 55379-5899
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $264K
- **Initial approval:** $264K
- **Forgiven:** $265K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Utilities:** $24K
- **Jobs reported:** 34
## Lender
- **Originating:** New Market Bank
- **Servicing:** New Market Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*