# PPP loan: NEW BRIDGE FOUNDATION
> **$638K** approved 02/22/2021 · Paid in Full · Loan `3008078510`
## Borrower
- **Name:** NEW BRIDGE FOUNDATION
- **Address:** 2323 Hearst Ave, Berkeley, CA, 94709-1319
- **NAICS:** 623220
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $638K
- **Initial approval:** $638K
- **Forgiven:** $643K (101%)
- **Forgiveness date:** 11/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $638K
- **Utilities:** $1
- **Jobs reported:** 60
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*