# PPP loan: DYNAMIC YOUTH MINISTRIES
> **$265K** approved 04/13/2020 · Paid in Full · Loan `5388627110`
## Borrower
- **Name:** DYNAMIC YOUTH MINISTRIES
- **Address:** 1333 ALGER ST SE, GRAND RAPIDS, MI, 49507-3809
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $265K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $255K
- **Mortgage interest:** $5K
- **Utilities:** $5K
- **Jobs reported:** 32
## Lender
- **Originating:** Lake Michigan CU
- **Servicing:** Lake Michigan CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*