# PPP loan: NEW FOUNDATIONS HOME FOR CHILDREN
> **$716K** approved 05/01/2020 · Paid in Full · Loan `4957047708`
## Borrower
- **Name:** NEW FOUNDATIONS HOME FOR CHILDREN
- **Address:** 2300 STANDRIDGE ROAD, ANDERSON, SC, 29625
- **NAICS:** 623220
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $716K
- **Initial approval:** $716K
- **Forgiven:** $725K (101%)
- **Forgiveness date:** 09/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $716K
- **Jobs reported:** 48
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*