# PPP loan: LUTHERAN HIGH SCHOOL ASSOCIATION IN MAYER
> **$383K** approved 04/14/2020 · Paid in Full · Loan `6874917103`
## Borrower
- **Name:** LUTHERAN HIGH SCHOOL ASSOCIATION IN MAYER
- **Address:** 305 5TH ST NE, MAYER, MN, 55360-8511
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $383K
- **Initial approval:** $383K
- **Forgiven:** $386K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $306K
- **Rent:** $26K
- **Health care:** $51K
- **Jobs reported:** 27
## Lender
- **Originating:** Security Bank & Trust Company
- **Servicing:** Security Bank & Trust Company (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*