# PPP loan: GOSPEL ASSEMBLY OF MIAMI, INC
> **$225K** approved 06/12/2020 · Paid in Full · Loan `2912787900`
## Borrower
- **Name:** GOSPEL ASSEMBLY OF MIAMI, INC
- **Address:** 1251 Northwest 54th Street, Miami, FL, 33142-3857
- **NAICS:** 812990
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $228K (101%)
- **Forgiveness date:** 08/30/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $169K
- **Rent:** $28K
- **Utilities:** $28K
- **Jobs reported:** 10
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*