# PPP loan: COTTAGE HILL BAPTIST CHURCH
> **$1.01M** approved 04/07/2020 · Paid in Full · Loan `7292987009`
## Borrower
- **Name:** COTTAGE HILL BAPTIST CHURCH
- **Address:** 4255 COTTAGE HILL RD, MOBILE, AL, 36609-4216
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.01M
- **Initial approval:** $1.01M
- **Forgiven:** $1.02M (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $817K
- **Rent:** $7K
- **Mortgage interest:** $38K
- **Utilities:** $96K
- **Health care:** $50K
- **Jobs reported:** 267
## Lender
- **Originating:** The First Bank
- **Servicing:** The First Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*