# PPP loan: DBG NEW LIFE MINISTRY
> **$389K** approved 06/17/2020 · Charged Off · Loan `7988057903`
## Borrower
- **Name:** DBG NEW LIFE MINISTRY
- **Address:** 24807 sonny path court, katy, TX, 77493-3580
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $389K
- **Initial approval:** $389K
- **Status:** Charged Off
- **Term:** 22 months
## Use of funds
- **Payroll:** $389K
- **Jobs reported:** 20
## Lender
- **Originating:** Kabbage, Inc.
- **Servicing:** Lendistry-Federal Reserve Contract (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*