# PPP loan: BEACONS OF HOPE
> **$310K** approved 08/06/2020 · Charged Off · Loan `4597668207`
## Borrower
- **Name:** BEACONS OF HOPE
- **Address:** 8521 Sage Meadow Dr, Temple, TX, 76502-5041
- **NAICS:** 611110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $310K
- **Initial approval:** $311K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $310K
- **Jobs reported:** 21
## Lender
- **Originating:** LendingClub Bank, National Association
- **Servicing:** LendingClub Bank, National Association (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*