New Direction Christian Church

$287,457 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8311067005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$287,457
Current Approval
$287,457
Forgiveness Amount
$289,397
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
New Direction Christian Church
Address
6120 Winchester Rd
ZIP Code
38115-4014
Business Type
Non-Profit Organization
Industry (NAICS)
Other Services (except Public Administration) (813110)
Business Age
Existing or more than 2 years old
Jobs Reported
35
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$227,381
Rent
$11,750
Utilities
$8,115
Mortgage Interest
$40,211

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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