# PPP loan: FIRST UNITED METHODIST CHURCH
> **$386K** approved 04/07/2020 · Paid in Full · Loan `7530767009`
## Borrower
- **Name:** FIRST UNITED METHODIST CHURCH
- **Address:** 120 Aldersgate Way, FRANKLIN, TN, 37069-1430
- **NAICS:** 813110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $386K
- **Initial approval:** $386K
- **Forgiven:** $389K (101%)
- **Forgiveness date:** 12/21/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $315K
- **Mortgage interest:** $30K
- **Utilities:** $25K
- **Health care:** $17K
- **Jobs reported:** 58
## 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*