# PPP loan: MEMPHIS OBSTETRICS & GYNECOLOGICAL
> **$1.94M** approved 04/10/2020 · Paid in Full · Loan `2440147102`
## Borrower
- **Name:** MEMPHIS OBSTETRICS & GYNECOLOGICAL
- **Address:** 8110 North Brother Boulevard Ste 100, MEMPHIS, TN, 38133-2760
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.94M
- **Initial approval:** $1.94M
- **Forgiven:** $1.96M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.50M
- **Rent:** $300K
- **Utilities:** $10K
- **Health care:** $130K
- **Jobs reported:** 180
## 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*