# PPP loan: MARANATHA CHAPEL, INC.
> **$768K** approved 04/13/2020 · Paid in Full · Loan `5242547107`
## Borrower
- **Name:** MARANATHA CHAPEL, INC.
- **Address:** 10752 COASTWOOD RD, SAN DIEGO, CA, 92127-2400
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $768K
- **Initial approval:** $768K
- **Forgiven:** $776K (101%)
- **Forgiveness date:** 04/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $689K
- **Rent:** $6K
- **Utilities:** $44K
- **Debt interest:** $30K
- **Jobs reported:** 87
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*