# PPP loan: FRIENDS FOR LIFE CORPORATION
> **$287K** approved 04/28/2020 · Paid in Full · Loan `6576307208`
## Borrower
- **Name:** FRIENDS FOR LIFE CORPORATION
- **Address:** 43 N CLEVELAND ST, MEMPHIS, TN, 38104-2301
- **NAICS:** 624190
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $291K (101%)
- **Forgiveness date:** 08/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Rent:** $13K
- **Utilities:** $9K
- **Jobs reported:** 52
## 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*