# PPP loan: LUTHERAN HOMES
> **$576K** approved 04/15/2020 · Paid in Full · Loan `9348877108`
## Borrower
- **Name:** LUTHERAN HOMES
- **Address:** 133 4TH AVE E, HALSTAD, MN, 56548-4114
- **NAICS:** 623312
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $576K
- **Initial approval:** $576K
- **Forgiven:** $582K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $461K
- **Rent:** $29K
- **Utilities:** $23K
- **Health care:** $63K
- **Jobs reported:** 64
## Lender
- **Originating:** Northwestern Bank, National Association
- **Servicing:** Northwestern Bank, National Association (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*