# PPP loan: FIRST STEPS, INC.
> **$370K** approved 04/08/2020 · Paid in Full · Loan `8728967010`
## Borrower
- **Name:** FIRST STEPS, INC.
- **Address:** 1900 Graybar Lane, NASHVILLE, TN, 37215-2110
- **NAICS:** 624410
- **Business type:** Non-Profit Childcare Center
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $370K
- **Initial approval:** $370K
- **Forgiven:** $374K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Mortgage interest:** $6K
- **Utilities:** $10K
- **Health care:** $20K
- **Jobs reported:** 42
## 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*