# PPP loan: NEW LIFE COMMUNITY CHURCH OF NAZARENE
> **$495K** approved 04/10/2020 · Paid in Full · Loan `2378147100`
## Borrower
- **Name:** NEW LIFE COMMUNITY CHURCH OF NAZARENE
- **Address:** 990 JAMES WAY, PISMO BEACH, CA, 93449-3284
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $499K (101%)
- **Forgiveness date:** 03/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $412K
- **Utilities:** $8K
- **Health care:** $75K
- **Jobs reported:** 64
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*