# PPP loan: ARCHDIOCESE OF LOS ANGELES EDUCATION & WELFARE CORPORATION
> **$512K** approved 04/12/2020 · Paid in Full · Loan `4135977107`
## Borrower
- **Name:** ARCHDIOCESE OF LOS ANGELES EDUCATION & WELFARE CORPORATION
- **Address:** 5446 CREST RD, RANCHO PALOS VERDES, CA, 90275-5099
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $512K
- **Initial approval:** $512K
- **Forgiven:** $518K (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $512K
- **Jobs reported:** 53
## Lender
- **Originating:** Farmers & Merchants Bank of Long Beach
- **Servicing:** Farmers & Merchants Bank of Long Beach (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*