# PPP loan: HUTCHISON SCHOOL
> **$2.31M** approved 04/10/2020 · Paid in Full · Loan `2185957100`
## Borrower
- **Name:** HUTCHISON SCHOOL
- **Address:** 1740 Ridgeway Rd, MEMPHIS, TN, 38119-5314
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.31M
- **Initial approval:** $2.31M
- **Forgiven:** $2.33M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.31M
- **Jobs reported:** 207
## Lender
- **Originating:** IberiaBank, A Division of 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*