# PPP loan: BELIEVE MEMPHIS ACADEMY
> **$299K** approved 04/14/2020 · Paid in Full · Loan `7211017108`
## Borrower
- **Name:** BELIEVE MEMPHIS ACADEMY
- **Address:** 1250 VOLLINTINE AVENUE 2ND FLOOR, MEMPHIS, TN, 38107
- **NAICS:** 611110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $299K
- **Initial approval:** $299K
- **Forgiven:** $302K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $299K
- **Jobs reported:** 27
## Lender
- **Originating:** IberiaBank, A Division of 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*