# PPP loan: NAZARENE THEOLOGICAL SEMINARY
> **$529K** approved 04/14/2020 · Paid in Full · Loan `7390037108`
## Borrower
- **Name:** NAZARENE THEOLOGICAL SEMINARY
- **Address:** 1700 E MEYER BLVD, KANSAS CITY, MO, 64131-1246
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $529K
- **Initial approval:** $529K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 03/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $497K
- **Mortgage interest:** $5K
- **Utilities:** $26K
- **Jobs reported:** 64
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*