# PPP loan: AMERICA CARES TRUST
> **$197K** approved 07/31/2020 · Charged Off · Loan `1887518202`
## Borrower
- **Name:** AMERICA CARES TRUST
- **Address:** 10 Eldad Road, FAYETTEVILLE, TN, 37334-7005
- **NAICS:** 621999
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $197K
- **Initial approval:** $197K
- **Status:** Charged Off
- **Term:** 40 months
## Use of funds
- **Payroll:** $197K
- **Jobs reported:** 23
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*