# PPP loan: CHURCH HEALTH CENTER OF MEMPHIS, INC.
> **$2.40M** approved 04/08/2020 · Paid in Full · Loan `8738347005`
## Borrower
- **Name:** CHURCH HEALTH CENTER OF MEMPHIS, INC.
- **Address:** 1350 Concourse Avenue Suite 142, MEMPHIS, TN, 38104-2010
- **NAICS:** 621498
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.40M
- **Initial approval:** $2.40M
- **Forgiven:** $2.43M (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.93M
- **Rent:** $308K
- **Utilities:** $62K
- **Debt interest:** $100K
- **Jobs reported:** 215
## 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*