Memphis Theological Seminary of the Cumberland Presbyterian
$425,300 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 5476197003
- Date Approved
- Apr 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $425,300
- Current Approval
- $425,300
- Forgiveness Amount
- $428,632
- Forgiveness Date
- Jan 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Memphis Theological Seminary of the Cumberland Presbyterian
- Address
- 168 E Parkway S
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38104-4340
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 48
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $340,240
- Utilities
- $42,530
- Mortgage Interest
- $42,530
Lender Information
- Servicing Lender
- The Peoples Bank
- Originating Lender
- The Peoples Bank
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