# PPP loan: MEMPHIS SYMPHONY ORCHESTRA, INC.
> **$546K** approved 04/08/2020 · Paid in Full · Loan `8434747008`
## Borrower
- **Name:** MEMPHIS SYMPHONY ORCHESTRA, INC.
- **Address:** 610 GOODMAN ST, MEMPHIS, TN, 38111-6702
- **NAICS:** 711130
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $546K
- **Initial approval:** $546K
- **Forgiven:** $552K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $501K
- **Rent:** $10K
- **Utilities:** $10K
- **Health care:** $25K
- **Jobs reported:** 72
## 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*