# PPP loan: UPWARD BOUND HOUSE
> **$365K** approved 07/29/2020 · Paid in Full · Loan `1073448206`
## Borrower
- **Name:** UPWARD BOUND HOUSE
- **Address:** 1104 WASHINGTON AVE, SANTA MONICA, CA, 90403-4119
- **NAICS:** 624230
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $365K
- **Initial approval:** $365K
- **Forgiven:** $370K (101%)
- **Forgiveness date:** 11/04/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $344K
- **Rent:** $15K
- **Utilities:** $6K
- **Jobs reported:** 43
## Lender
- **Originating:** American Business Bank
- **Servicing:** American Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*