PPP Loan information for Hutchison school

$2,306,800

Hutchison school was initially approved for PPP Loan of amount $2,306,800, the current approved amount is $2,306,800. The loan was approved on 04/10/2020 by The First Horizon Bank reported 207 jobs and $2,306,800 was used to fund payroll.

Hutchison school is Existing or more than 2 years old

HUTCHISON SCHOOL

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

HUTCHISON SCHOOL

Borrower Address

1740 Ridgeway Rd

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38119-5314

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2306800.00

Current Approval Amount

2306800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38119-5314

CD

TN-09

Jobs Reported

207

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2306800.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2333200.04

Forgiveness Date

06/09/2021

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