# PPP loan: THE WALNUT RIDGE BAPTIST CHURCH
> **$218K** approved 04/09/2020 · Paid in Full · Loan `9088217003`
## Borrower
- **Name:** THE WALNUT RIDGE BAPTIST CHURCH
- **Address:** 1307 W RIDGEWAY AVE, WATERLOO, IA, 50701-4401
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $218K
- **Initial approval:** $218K
- **Forgiven:** $219K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $175K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $13K
- **Debt interest:** $11K
- **Jobs reported:** 30
## Lender
- **Originating:** Lincoln Savings Bank
- **Servicing:** Lincoln Savings Bank (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*