# PPP loan: THE TEMPERANCE FREE METHODIST CHURCH
> **$160K** approved 04/15/2020 · Paid in Full · Loan `8478507106`
## Borrower
- **Name:** THE TEMPERANCE FREE METHODIST CHURCH
- **Address:** 6960 SYLVANIA PETERSBURG RD, OTTAWA LAKE, MI, 49267-8506
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $160K
- **Initial approval:** $160K
- **Forgiven:** $162K (101%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $12K
- **Mortgage interest:** $4K
- **Utilities:** $8K
- **Jobs reported:** 12
## Lender
- **Originating:** Signature Bank, National Association
- **Servicing:** Signature Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*