Church Health Center of Memphis, Inc.

$2,400,000 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8738347005
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$2,400,000
Current Approval
$2,400,000
Forgiveness Amount
$2,434,267
Forgiveness Date
Sep 24, 2021
Term
59 months
Draw
First Draw

Business Information

Business Name
Church Health Center of Memphis, Inc.
Address
1350 Concourse Avenue Suite 142
ZIP Code
38104-2010
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621498)
Business Age
Existing or more than 2 years old
Jobs Reported
215
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,930,430
Rent
$308,000
Utilities
$61,570
Debt Interest
$100,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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