# PPP loan: BALLET MEMPHIS CORPORATION
> **$421K** approved 02/03/2021 · Paid in Full · Loan `2607618405`
## Borrower
- **Name:** BALLET MEMPHIS CORPORATION
- **Address:** 2144 Madison Ave, Memphis, TN, 38104-6523
- **NAICS:** 711310
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $421K
- **Initial approval:** $421K
- **Forgiven:** $424K (101%)
- **Forgiveness date:** 12/06/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $421K
- **Utilities:** $1
- **Jobs reported:** 42
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*