# PPP loan: LIFE RENEWAL SERVICES, INC.
> **$573K** approved 04/15/2020 · Exemption 4 · Loan `8075987105`
## Borrower
- **Name:** LIFE RENEWAL SERVICES, INC.
- **Address:** 247 East Main Street, Westminster, MD, 21157
- **NAICS:** 621420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $573K
- **Initial approval:** $573K
- **Forgiven:** $553K (97%)
- **Forgiveness date:** 01/24/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $458K
- **Rent:** $72K
- **Utilities:** $13K
- **Health care:** $29K
- **Jobs reported:** 54
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*