# PPP loan: MARANATHA CHAPEL INC.
> **$492K** approved 02/12/2021 · Paid in Full · Loan `7949508410`
## Borrower
- **Name:** MARANATHA CHAPEL INC.
- **Address:** 10752 Coastwood Rd, San Diego, CA, 92127-2400
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $494K (100%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Utilities:** $1
- **Jobs reported:** 64
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*