# PPP loan: LA SIERRA UNIVERSITY
> **$5.64M** approved 08/07/2020 · Paid in Full · Loan `5501498205`
## Borrower
- **Name:** LA SIERRA UNIVERSITY
- **Address:** 4500 RIVERWALK PKWY, RIVERSIDE, CA, 92505-3332
- **NAICS:** 611310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.64M
- **Initial approval:** $5.64M
- **Forgiven:** $5.74M (102%)
- **Forgiveness date:** 07/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $5.64M
- **Jobs reported:** 308
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*