# PPP loan: ST. HOPE FOUNDATION, INC.
> **$1.75M** approved 04/08/2020 · Paid in Full · Loan `7846507008`
## Borrower
- **Name:** ST. HOPE FOUNDATION, INC.
- **Address:** 6200 SAVOY DR Suite 540, HOUSTON, TX, 77036-1894
- **NAICS:** 813212
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.75M
- **Initial approval:** $1.75M
- **Forgiven:** $1.77M (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.40M
- **Rent:** $200K
- **Utilities:** $150K
- **Jobs reported:** 149
## Lender
- **Originating:** Origin Bank
- **Servicing:** Origin Bank (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*