# PPP loan: STONE HIGGS & DREXLER PC
> **$322K** approved 04/11/2020 · Paid in Full · Loan `3633077106`
## Borrower
- **Name:** STONE HIGGS & DREXLER PC
- **Address:** 150 COURT AVE, MEMPHIS, TN, 38103-2212
- **NAICS:** 541110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $322K
- **Initial approval:** $322K
- **Forgiven:** $325K (101%)
- **Forgiveness date:** 04/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $263K
- **Rent:** $26K
- **Utilities:** $3K
- **Health care:** $30K
- **Jobs reported:** 28
## 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*