# PPP loan: MOUNT CALVARY EVANGELICAL LUTHERAN CHURCH OF EXCELSIOR, MINN
> **$328K** approved 04/14/2020 · Paid in Full · Loan `5903387105`
## Borrower
- **Name:** MOUNT CALVARY EVANGELICAL LUTHERAN CHURCH OF EXCELSIOR, MINN
- **Address:** 301 COUNTY ROAD 19, EXCELSIOR, MN, 55331-3050
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $328K
- **Initial approval:** $328K
- **Forgiven:** $330K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $246K
- **Mortgage interest:** $41K
- **Utilities:** $41K
- **Jobs reported:** 74
## Lender
- **Originating:** Alerus Financial, National Association
- **Servicing:** Alerus Financial, National Association (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*