# PPP loan: SER-JOBS FOR PROGRESS OF THE TEXAS GULF
> **$929K** approved 05/01/2020 · Exemption 4 · Loan `2641377707`
## Borrower
- **Name:** SER-JOBS FOR PROGRESS OF THE TEXAS GULF
- **Address:** 1710 Telephone Rd, Houston, TX, 77023
- **NAICS:** 624310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $929K
- **Initial approval:** $929K
- **Forgiven:** $647K (70%)
- **Forgiveness date:** 07/22/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $876K
- **Health care:** $54K
- **Jobs reported:** 98
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*