# PPP loan: ROCKPOINT CHURCH
> **$253K** approved 04/07/2020 · Paid in Full · Loan `6611027007`
## Borrower
- **Name:** ROCKPOINT CHURCH
- **Address:** 5825 KELVIN AVE, LAKE ELMO, MN, 55042-8641
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $254K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $225K
- **Mortgage interest:** $8K
- **Utilities:** $20K
- **Jobs reported:** 33
## Lender
- **Originating:** Lake Elmo Bank
- **Servicing:** Lake Elmo Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*