# PPP loan: THE LUTHERAN HOME FOR THE AGED
> **$1.58M** approved 04/06/2020 · Paid in Full · Loan `5856157004`
## Borrower
- **Name:** THE LUTHERAN HOME FOR THE AGED
- **Address:** 100 STATE ST Suite 200, ERIE, PA, 16507-1432
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.58M
- **Initial approval:** $1.58M
- **Forgiven:** $1.59M (101%)
- **Forgiveness date:** 12/14/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.58M
- **Jobs reported:** 176
## Lender
- **Originating:** Marquette Savings Bank
- **Servicing:** Marquette Savings Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*