# PPP loan: FIRST BAPTIST CHURCH OF FAIRHOPE
> **$287K** approved 04/05/2020 · Paid in Full · Loan `5589827009`
## Borrower
- **Name:** FIRST BAPTIST CHURCH OF FAIRHOPE
- **Address:** 300 SOUTH SECTION ST, FAIRHOPE, AL, 36532-1824
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $289K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $217K
- **Mortgage interest:** $44K
- **Utilities:** $26K
- **Jobs reported:** 51
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*