# PPP loan: BEREEAN BAPTIST CHURCH
> **$162K** approved 04/06/2020 · Paid in Full · Loan `6011877000`
## Borrower
- **Name:** BEREEAN BAPTIST CHURCH
- **Address:** 5626 Safford Rd, ROCKFORD, IL, 61101-2259
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $162K
- **Initial approval:** $162K
- **Forgiven:** $163K (101%)
- **Forgiveness date:** 02/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Rent:** $22K
- **Utilities:** $5K
- **Jobs reported:** 40
## Lender
- **Originating:** Northwest Bank of Rockford
- **Servicing:** Northwest Bank of Rockford (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*