PPP Loan information for Psalms, inc.

$2,012,100

Psalms, inc. was initially approved for PPP Loan of amount $2,012,100, the current approved amount is $2,012,100. The loan was approved on 04/12/2020 by The Simmons Bank reported 370 jobs and $2,012,100 was used to fund payroll.

Psalms, inc. is Unanswered

PSALMS, INC.

Date Approved

04/12/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

PSALMS, INC.

Borrower Address

3535 Kirby Parkway

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38115-0001

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2012100.00

Current Approval Amount

2012100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38115-0001

CD

TN-09

Jobs Reported

370

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2012100.00

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

2039822.27

Forgiveness Date

09/07/2021

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