# PPP loan: MEMPHIS ATHLETIC MINISTRIES INC
> **$507K** approved 04/09/2020 · Paid in Full · Loan `9079327010`
## Borrower
- **Name:** MEMPHIS ATHLETIC MINISTRIES INC
- **Address:** 6000 BRIARCREST AVE, MEMPHIS, TN, 38120-4109
- **NAICS:** 813990
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $507K
- **Initial approval:** $507K
- **Forgiven:** $512K (101%)
- **Forgiveness date:** 05/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $449K
- **Rent:** $3K
- **Health care:** $55K
- **Jobs reported:** 68
## 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*