# PPP loan: SOCIETY FOR THE PRESERVATION AND ENCOURAGEMENT OF BARBER SHO
> **$587K** approved 04/10/2020 · Paid in Full · Loan `2320197101`
## Borrower
- **Name:** SOCIETY FOR THE PRESERVATION AND ENCOURAGEMENT OF BARBER SHO
- **Address:** 110 7TH AVE NORTH, NASHVILLE, TN, 37203-3704
- **NAICS:** 711130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $675K
- **Forgiven:** $590K (101%)
- **Forgiveness date:** 11/30/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $440K
- **Rent:** $147K
- **Jobs reported:** 45
## Lender
- **Originating:** First Freedom Bank
- **Servicing:** First Freedom Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*