# PPP loan: SANTA BARBARA FOUNDATION
> **$603K** approved 04/15/2020 · Paid in Full · Loan `1958157203`
## Borrower
- **Name:** SANTA BARBARA FOUNDATION
- **Address:** 1111 Chapala Street Suite 200, SANTA BARBARA, CA, 93101-3100
- **NAICS:** 541720
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $603K
- **Initial approval:** $603K
- **Forgiven:** $609K (101%)
- **Forgiveness date:** 06/04/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $578K
- **Mortgage interest:** $20K
- **Utilities:** $5K
- **Jobs reported:** 32
## Lender
- **Originating:** Montecito Bank & Trust
- **Servicing:** Montecito Bank & Trust (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*