Southern College of Optometry
$4,091,400 PPP Loan in Memphis, Tennessee
Loan Details
- Loan Number
- 8057567006
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,091,400
- Current Approval
- $4,091,400
- Forgiveness Amount
- $4,137,769
- Forgiveness Date
- Jun 9, 2021
- Term
- 59 months
- Draw
- First Draw
Business Information
- Business Name
- Southern College of Optometry
- Address
- 1245 Madison Ave
- City
- Memphis
- State
- Tennessee
- ZIP Code
- 38104-2211
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Educational Services (611310)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 223
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- TN-09
Loan Use Breakdown
- Payroll
- $3,612,000
- Rent
- $38,000
- Utilities
- $70,000
- Health Care
- $331,400
- Debt Interest
- $40,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
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