# PPP loan: KENSINGTON COMMUNITY CHURCH
> **$1.99M** approved 04/15/2020 · Paid in Full · Loan `9371767108`
## Borrower
- **Name:** KENSINGTON COMMUNITY CHURCH
- **Address:** 1825 East Square Lake Road, TROY, MI, 48085-3391
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $2.01M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.82M
- **Rent:** $10K
- **Mortgage interest:** $90K
- **Utilities:** $70K
- **Jobs reported:** 230
## Lender
- **Originating:** Michigan State University FCU
- **Servicing:** Michigan State University FCU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*