# PPP loan: SOUTH BAY BRIGHT FUTURE YOUTH DEVELOPME
> **$180K** approved 05/11/2020 · Exemption 4 · Loan `4892147407`
## Borrower
- **Name:** SOUTH BAY BRIGHT FUTURE YOUTH DEVELOPME
- **Address:** 703 N MAIN ST, BELTON, TX, 76513-3053
- **NAICS:** 561990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $175K (98%)
- **Forgiveness date:** 05/26/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $180K
- **Jobs reported:** 10
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*