# PPP loan: PRESTON ROAD CHURCH OF CHRIST
> **$198K** approved 04/10/2020 · Paid in Full · Loan `2432637107`
## Borrower
- **Name:** PRESTON ROAD CHURCH OF CHRIST
- **Address:** 6409 Preston RD, DALLAS, TX, 75205-1610
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $199K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $28K
- **Health care:** $20K
- **Jobs reported:** 19
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*