# PPP loan: PEACE LUTHERAN CHURCH
> **$151K** approved 04/13/2020 · Paid in Full · Loan `4515457106`
## Borrower
- **Name:** PEACE LUTHERAN CHURCH
- **Address:** 400 FRANKLIN ST SW, HUTCHINSON, MN, 55350-2425
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $104K
- **Mortgage interest:** $17K
- **Health care:** $30K
- **Jobs reported:** 29
## Lender
- **Originating:** MidCountry Bank
- **Servicing:** MidCountry Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*