# PPP loan: NEW LIFE TABERNACLE, U.P.C., INC.
> **$244K** approved 04/11/2020 · Paid in Full · Loan `2797507106`
## Borrower
- **Name:** NEW LIFE TABERNACLE, U.P.C., INC.
- **Address:** 6912 WILLIAMS ROAD, SEFFNER, FL, 33584-2818
- **NAICS:** 813110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $248K (102%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $179K
- **Rent:** $34K
- **Utilities:** $12K
- **Debt interest:** $19K
- **Jobs reported:** 18
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*