# PPP loan: GRACE SCHOOLS
> **$2.52M** approved 04/09/2020 · Paid in Full · Loan `9106257009`
## Borrower
- **Name:** GRACE SCHOOLS
- **Address:** 200 Seminary Drive, WINONA LAKE, IN, 46590-1224
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.52M
- **Initial approval:** $2.86M
- **Forgiven:** $2.55M (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.52M
- **Jobs reported:** 317
## Lender
- **Originating:** 1st Source Bank
- **Servicing:** 1st Source Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*