# PPP loan: THE COUNTRY MUSIC FOUNDATION, INC.
> **$3.27M** approved 04/05/2020 · Paid in Full · Loan `5579647010`
## Borrower
- **Name:** THE COUNTRY MUSIC FOUNDATION, INC.
- **Address:** 222 5TH AVE SOUTH, NASHVILLE, TN, 37203-4206
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.27M
- **Initial approval:** $3.27M
- **Forgiven:** $3.31M (101%)
- **Forgiveness date:** 08/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.85M
- **Rent:** $58K
- **Utilities:** $200K
- **Health care:** $162K
- **Jobs reported:** 295
## Lender
- **Originating:** City National Bank
- **Servicing:** City National Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*