# PPP loan: OUR LADY OF THE LAKE CHURCH
> **$292K** approved 04/08/2020 · Paid in Full · Loan `8635207006`
## Borrower
- **Name:** OUR LADY OF THE LAKE CHURCH
- **Address:** 2385 COMMERCE BLVD, MOUND, MN, 55364-1427
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $292K
- **Initial approval:** $292K
- **Forgiven:** $294K (101%)
- **Forgiveness date:** 12/08/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $276K
- **Utilities:** $16K
- **Jobs reported:** 30
## Lender
- **Originating:** Minnesota Lakes Bank
- **Servicing:** Minnesota Lakes Bank (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*