# PPP loan: NEW HOPE ACADEMY OF CHANGE
> **$237K** approved 02/04/2021 · Charged Off · Loan `2884728401`
## Borrower
- **Name:** NEW HOPE ACADEMY OF CHANGE
- **Address:** 17710 Sycamore St, Carson, CA, 90746-7417
- **NAICS:** 611710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $207K (87%)
- **Forgiveness date:** 02/06/2023
- **Status:** Charged Off
- **Term:** 21 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 10
## Lender
- **Originating:** California CU
- **Servicing:** California CU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*