# PPP loan: MADONNA LEARNING CENTER INCORPORATED
> **$280K** approved 04/09/2020 · Paid in Full · Loan `9911527010`
## Borrower
- **Name:** MADONNA LEARNING CENTER INCORPORATED
- **Address:** 7007 POPLAR AVE, GERMANTOWN, TN, 38138-2632
- **NAICS:** 611110
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Forgiven:** $284K (101%)
- **Forgiveness date:** 09/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $264K
- **Utilities:** $10K
- **Health care:** $6K
- **Jobs reported:** 30
## 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*