# PPP loan: NEW LIFE COUNSELING PC
> **$152K** approved 04/14/2020 · Paid in Full · Loan `7887207106`
## Borrower
- **Name:** NEW LIFE COUNSELING PC
- **Address:** 227 NW School St, ANKENY, IA, 50023
- **NAICS:** 621410
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $156K (102%)
- **Forgiveness date:** 06/23/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $152K
- **Jobs reported:** 16
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*