# PPP loan: FAITH EVANGELICAL LUTHERAN SEMINARY
> **$280K** approved 02/08/2021 · Exemption 4 · Loan `5398308402`
## Borrower
- **Name:** FAITH EVANGELICAL LUTHERAN SEMINARY
- **Address:** 3504 N Pearl St, Tacoma, WA, 98407-2607
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $246K (88%)
- **Forgiveness date:** 01/11/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Jobs reported:** 42
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*