# PPP loan: FIRST CHURCH OF THE OPEN BIBLE FREEPORT
> **$194K** approved 04/14/2020 · Paid in Full · Loan `5949787102`
## Borrower
- **Name:** FIRST CHURCH OF THE OPEN BIBLE FREEPORT
- **Address:** 3800 W. STEPHENSON ST, FREEPORT, IL, 61032-4453
- **NAICS:** 624410
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $194K
- **Initial approval:** $194K
- **Forgiven:** $195K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $146K
- **Rent:** $24K
- **Utilities:** $24K
- **Jobs reported:** 39
## Lender
- **Originating:** State Bank
- **Servicing:** State Bank (IL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*