# PPP loan: NEW HOPE CHURCH EFCA
> **$584K** approved 04/10/2020 · Paid in Full · Loan `1872137109`
## Borrower
- **Name:** NEW HOPE CHURCH EFCA
- **Address:** 4225 GETTYSBURG AVE N, NEW HOPE, MN, 55428-4742
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $584K
- **Initial approval:** $584K
- **Forgiven:** $587K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $584K
- **Jobs reported:** 54
## Lender
- **Originating:** Granite Bank
- **Servicing:** Granite Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*