# PPP loan: LIFE NETWORK
> **$225K** approved 04/04/2020 · Paid in Full · Loan `4894317000`
## Borrower
- **Name:** LIFE NETWORK
- **Address:** 3700 GALLEY RD, COLORADO SPRINGS, CO, 80909-4412
- **NAICS:** 621410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $225K
- **Initial approval:** $225K
- **Forgiven:** $226K (101%)
- **Forgiveness date:** 12/15/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $169K
- **Mortgage interest:** $28K
- **Utilities:** $28K
- **Jobs reported:** 36
## Lender
- **Originating:** American Bank of Commerce
- **Servicing:** American Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*