PPP Loan information for Southern college of optometry

$4,091,400

Southern college of optometry was initially approved for PPP Loan of amount $4,091,400, the current approved amount is $4,091,400. The loan was approved on 04/08/2020 by The First Horizon Bank reported 223 jobs and $4,091,400 was used to fund payroll.

Southern college of optometry is Existing or more than 2 years old

PPP Loan Search / TN / MEMPHIS / Southern college of optometry

SOUTHERN COLLEGE OF OPTOMETRY

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

SOUTHERN COLLEGE OF OPTOMETRY

Borrower Address

1245 MADISON AVE

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38104-2211

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

4091400.00

Current Approval Amount

4091400.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38104-2211

CD

TN-09

Jobs Reported

223

NAICS Code

611310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

70000.00

Payroll Proceed

3612000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

331400.00

Debt Interest Proceed

40000

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

4137769.20

Forgiveness Date

06/09/2021

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