# PPP loan: MEMPHIS CHILDREN'S CLINIC PLLC
> **$1.64M** approved 04/10/2020 · Exemption 4 · Loan `2348257108`
## Borrower
- **Name:** MEMPHIS CHILDREN'S CLINIC PLLC
- **Address:** 1129 Hale Road, MEMPHIS, TN, 38116-6373
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.64M
- **Initial approval:** $1.64M
- **Forgiven:** $1.51M (92%)
- **Forgiveness date:** 11/17/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.44M
- **Rent:** $146K
- **Utilities:** $44K
- **Debt interest:** $5K
- **Jobs reported:** 92
## 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*