# PPP loan: ESPIRITU COMMUNITY DEVELOPMENT CORPORATION
> **$580K** approved 06/19/2020 · Paid in Full · Loan `9001707910`
## Borrower
- **Name:** ESPIRITU COMMUNITY DEVELOPMENT CORPORATION
- **Address:** 4848 S SECOND ST, PHOENIX, AZ, 85040-2122
- **NAICS:** 561499
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $588K (101%)
- **Forgiveness date:** 10/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $578K
- **Rent:** $1K
- **Utilities:** $1K
- **Jobs reported:** 51
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*