# PPP loan: SIOUX FALLS LUTHERAN SCHOOL ASSOCIATION, INC
> **$348K** approved 04/07/2020 · Paid in Full · Loan `7234317009`
## Borrower
- **Name:** SIOUX FALLS LUTHERAN SCHOOL ASSOCIATION, INC
- **Address:** 6715 S BOE LN, SIOUX FALLS, SD, 57108-8164
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $348K
- **Initial approval:** $348K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $261K
- **Rent:** $44K
- **Mortgage interest:** $44K
- **Jobs reported:** 42
## Lender
- **Originating:** First Dakota National Bank
- **Servicing:** First Dakota National Bank (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*