# PPP loan: MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC
> **$398K** approved 03/20/2021 · Paid in Full · Loan `5850978608`
## Borrower
- **Name:** MEMPHIS IN MAY INTERNATIONAL FESTIVAL INC
- **Address:** 56 S Front St, Memphis, TN, 38103-2435
- **NAICS:** 711310
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $398K
- **Initial approval:** $398K
- **Forgiven:** $404K (101%)
- **Forgiveness date:** 09/15/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $398K
- **Utilities:** $1
- **Jobs reported:** 103
## 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*