# PPP loan: THE PRESBYTERIAN VILLAGE
> **$404K** approved 04/07/2020 · Paid in Full · Loan `6998597007`
## Borrower
- **Name:** THE PRESBYTERIAN VILLAGE
- **Address:** 502 Butler St, ACKLEY, IA, 50601-1730
- **NAICS:** 623110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $404K
- **Initial approval:** $404K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $395K
- **Mortgage interest:** $4K
- **Utilities:** $5K
- **Jobs reported:** 92
## Lender
- **Originating:** Peoples Savings Bank
- **Servicing:** Peoples Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*