# PPP loan: THE BIOLOGOS FOUNDATION, INC.
> **$168K** approved 04/14/2020 · Paid in Full · Loan `7013547102`
## Borrower
- **Name:** THE BIOLOGOS FOUNDATION, INC.
- **Address:** 3940 PENINSULAR DR SE Ste 220, GRAND RAPIDS, MI, 49546-6107
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $142K
- **Rent:** $7K
- **Utilities:** $2K
- **Health care:** $17K
- **Jobs reported:** 14
## Lender
- **Originating:** United Bank of Michigan
- **Servicing:** United Bank of Michigan (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*