# PPP loan: GRACE LUTHERAN CHURCH
> **$243K** approved 04/09/2020 · Paid in Full · Loan `9119697000`
## Borrower
- **Name:** GRACE LUTHERAN CHURCH
- **Address:** 3321 MEMORIAL PKWY SW, HUNTSVILLE, AL, 35801-5342
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $243K
- **Initial approval:** $243K
- **Forgiven:** $244K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $194K
- **Rent:** $25K
- **Utilities:** $24K
- **Jobs reported:** 50
## Lender
- **Originating:** Premier Bank of the South
- **Servicing:** Premier Bank of the South (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*