# PPP loan: GRACE COMMUNITY CHURCH OF CYPRESS
> **$460K** approved 04/12/2020 · Paid in Full · Loan `3818267100`
## Borrower
- **Name:** GRACE COMMUNITY CHURCH OF CYPRESS
- **Address:** 5100 Cerritos Avenue, CYPRESS, CA, 90630-4467
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $460K
- **Initial approval:** $460K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $380K
- **Mortgage interest:** $55K
- **Utilities:** $26K
- **Jobs reported:** 73
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*