# PPP loan: HOPE CHRISTIAN SCHOOLS, INC.
> **$960K** approved 04/07/2020 · Paid in Full · Loan `7354857001`
## Borrower
- **Name:** HOPE CHRISTIAN SCHOOLS, INC.
- **Address:** 8005 Louisiana Blvd NE, ALBUQUERQUE, NM, 87109-5638
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $960K
- **Initial approval:** $960K
- **Forgiven:** $970K (101%)
- **Forgiveness date:** 05/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $720K
- **Utilities:** $240K
- **Jobs reported:** 191
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*