PPP Loan information for Kipp memphis

$3,395,192

Kipp memphis was initially approved for PPP Loan of amount $3,395,192, the current approved amount is $3,395,192. The loan was approved on 04/08/2020 by The First Horizon Bank reported 294 jobs and $3,395,192 was used to fund payroll.

Kipp memphis is Existing or more than 2 years old

KIPP MEMPHIS

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

KIPP MEMPHIS

Borrower Address

2670 UNION AVENUE EXT Suite 1100

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38112-4402

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3395192.00

Current Approval Amount

3395192.00

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

38112-4402

CD

TN-09

Jobs Reported

294

NAICS Code

611110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

77564.00

Payroll Proceed

2933634.00

Mortgage Interest Proceed

0.00

Rent Proceed

166604.00

Refinance EIDL Proceed

0.00

Health Care Proceed

217390.00

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

3434425.33

Forgiveness Date

06/17/2021

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