# PPP loan: THE NELSON GALLERY FOUNDATION
> **$3.15M** approved 04/05/2020 · Paid in Full · Loan `5400487000`
## Borrower
- **Name:** THE NELSON GALLERY FOUNDATION
- **Address:** 4525 Oak Street, KANSAS CITY, MO, 64111-1818
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.15M
- **Initial approval:** $3.15M
- **Forgiven:** $3.20M (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.36M
- **Rent:** $788K
- **Jobs reported:** 249
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*