# PPP loan: FIRST BAPTIST CHURCH OF NEWTOWN
> **$166K** approved 04/27/2020 · Paid in Full · Loan `3674867201`
## Borrower
- **Name:** FIRST BAPTIST CHURCH OF NEWTOWN
- **Address:** 592 WASHINGTON CROSSING ROAD, NEWTOWN, PA, 18940-3826
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 06/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $133K
- **Mortgage interest:** $17K
- **Utilities:** $17K
- **Jobs reported:** 11
## Lender
- **Originating:** The First National Bank and Trust Company of Newtown
- **Servicing:** The First National Bank and Trust Company of Newtown (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*