# PPP loan: COMMUNITIES IN SCHOOLS OF MEMPHIS, INC.
> **$391K** approved 04/12/2020 · Paid in Full · Loan `4013027106`
## Borrower
- **Name:** COMMUNITIES IN SCHOOLS OF MEMPHIS, INC.
- **Address:** 2714 UNION AVENUE EXT, MEMPHIS, TN, 38112
- **NAICS:** 611710
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $391K
- **Initial approval:** $391K
- **Forgiven:** $395K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $391K
- **Jobs reported:** 37
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*