# PPP loan: THE LUTHERAN SCHOOL ASSOCIATION OF DECATUR, ILLINOIS
> **$446K** approved 04/06/2020 · Paid in Full · Loan `6381697002`
## Borrower
- **Name:** THE LUTHERAN SCHOOL ASSOCIATION OF DECATUR, ILLINOIS
- **Address:** 2001 E Mound Rd, DECATUR, IL, 62526-9305
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $446K
- **Initial approval:** $496K
- **Forgiven:** $449K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Rent:** $111K
- **Jobs reported:** 64
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*