Memphis Business Academy
$2,309,200 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 3502437205
- Date Approved
- Apr 27, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,309,200
- Current Approval
- $2,309,200
- Forgiveness Amount
- $2,225,603
- Forgiveness Date
- Dec 20, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Memphis Business Academy
- Address
- 2450 Frayser Blvd
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38127-5823
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 193
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $2,309,200
Lender Information
- Servicing Lender
- Hope Enterprise Corporation
- Originating Lender
- Hope Enterprise Corporation
Other PPP Loans in Memphis, TN
| Business | Approved | |
|---|---|---|
| Wendelta, INC | $10,000,000 | |
| Eastport Holdings LLC | $10,000,000 | |
| Mimeo.com, INC | $6,798,036 | |
| Building Plastics INC | $6,184,037 | |
| Ensafe Inc. | $5,882,393 |
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