# PPP loan: THE GOSPEL LIGHTHOUSE CHURCH, ENTITY
> **$247K** approved 04/14/2020 · Paid in Full · Loan `6715697101`
## Borrower
- **Name:** THE GOSPEL LIGHTHOUSE CHURCH, ENTITY
- **Address:** 5525 W. Illinois Ave, Dallas, TX, 75211-6612
- **NAICS:** 813110
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 02/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Mortgage interest:** $28K
- **Utilities:** $16K
- **Jobs reported:** 29
## Lender
- **Originating:** Independent Bank d/b/a Independent Financial
- **Servicing:** Independent Bank d/b/a Independent Financial (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*