# PPP loan: CHURCH OF ST MATTHIAS
> **$487K** approved 04/28/2020 · Paid in Full · Loan `7242507203`
## Borrower
- **Name:** CHURCH OF ST MATTHIAS
- **Address:** 168 John F Kennedy Blvd, Somerset, NJ, 08873
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $487K
- **Initial approval:** $251K
- **Forgiven:** $494K (101%)
- **Forgiveness date:** 11/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $487K
- **Jobs reported:** 85
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*