# PPP loan: MEMPHIS BROOKS MUSEUM OF ART, INC.
> **$440K** approved 04/09/2020 · Paid in Full · Loan `9577567004`
## Borrower
- **Name:** MEMPHIS BROOKS MUSEUM OF ART, INC.
- **Address:** 1934 Poplar Avenue, MEMPHIS, TN, 38104-2756
- **NAICS:** 712110
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $440K
- **Initial approval:** $440K
- **Forgiven:** $447K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $410K
- **Utilities:** $30K
- **Jobs reported:** 48
## 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*